US-listed spot Ether ETFs reversed course on July 16, posting $28.04 million in net outflows after a day of inflows, according to SoSoValue data.
Bitwise’s ETHW was the only fund to take in money, drawing $2.28 million and bringing its cumulative net inflows since launch to $384 million. Grayscale’s Ethereum Mini Trust ETF, trading under the ticker ETH, saw the heaviest redemptions of the session, with $14.28 million leaving the fund. Its cumulative net inflows still stood at $1.8 billion.
Across the group, spot Ether ETFs held $10.099 billion in net assets. That works out to 4.47% of Ethereum’s total market capitalization, while cumulative historical net inflows reached $11.042 billion.
The latest outflow day comes as volatility picks up across the wider digital-asset market. It also extends a run of softer demand for Ether products at a time when spot Bitcoin ETFs are drawing a different response from institutional buyers.
For traders, the key levels are not in the ETF flows alone but in whether the recent outflow trend deepens or snaps back in the next daily print. The next SoSoValue update will show whether July 16 was a one-off rotation or the start of a more sustained pullback from Ether funds.
US spot Ether ETFs post $28.0M in net outflows
US-listed spot Ether ETFs posted $28 million in net outflows, reversing a prior day's inflows, indicating weakening institutional demand amid rising crypto market volatility.