Ethereum Spot ETF Experiences $38M Outflow Amidst Diversifying Investor Strategies

The Ethereum spot ETF market witnessed a substantial net outflow of $38.24 million on September 3, 2025, marking the third consecutive day of decline. BlackRock’s ETHA ETF led with a record $151 million outflow, contradicting inflows observed at Fidelity and Grayscale. This trend reflects a mixed response from major institutional players and suggests shifting strategies within the market.