Key Insights :
- Ethereum Spot ETFs recorded $430M in outflows on August 19, the second highest in its trading history
- On-chain data shows $714M stablecoin inflow into Ethereum in the last 24 hours, indicating strong institutional activity
- Ethereum’s trading volume nears Bitcoin’s, with technical data showing potential for one final explosive leg
Ethereum Spot ETFs saw a sharp $429.73 million net outflow on August 19, 2025, per SoSoValue data. This marked the second-largest outflow event for ETH ETFs since launch, showing continued investor caution.
On the same day, Bitcoin Spot ETFs faced a larger $523 million outflow, extending a three-day streak of redemptions. These moves indicate broader market stress amid price retracement and investor risk-off sentiment.
Ethereum On-Chain Metrics Show Institutional Demand
Despite outflows, Ethereum’s on-chain stablecoin supply rose by $714 million in the last 24 hours, per Artemis data.
This surge suggests increased institutional allocation and deeper capital inflows into Ethereum’s ecosystem.
Volume-wise, Ethereum processed $51.73 billion in Layer 1 transactions, trailing just behind Bitcoin’s volume by $21 billion.
The narrowing gap points to Ethereum gaining relevance as a transactional and investment network.
Traders Position Cautiously, Yet Upside Momentum Builds
Data from TedPillows shows ETH’s long/short ratio slightly favors shorts, with Bitget traders showing 47.26% long and 52.74% short.
Gate and WhiteBIT hold the highest short ratios, signaling hedging or bearish speculation.
However, technical analysis from MerlijnTrader indicates Ethereum is currently in Leg 2 of a three-leg market cycle.
The projection outlines one remaining potential rally phase before entering a longer-term bearish stage.
Ethereum’s current price stands at $4,121.89, reflecting a 3.69% daily drop and a 12.06% weekly decline.
Despite near-term weakness, market structure and accumulation patterns still align with bullish continuation scenarios.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/ethereum-etfs-see-430m-outflow-amid/