U.S. spot Ether (ETH) exchange-traded funds (ETFs) experienced a four-day streak of net outflows, with a total of $787.6 million leaving the funds during the shortened trading week. This comes after a strong performance in August, which saw these same ETFs attract $3.87 billion in net inflows. In contrast, Bitcoin (BTC) ETFs recorded $250.3 million in inflows over the same four-day period.
Despite the recent dip, many market participants remain bullish on Ether. A crypto trader named Ted believes inflows will soon resume if Ethereum’s price continues to rise. The sentiment is echoed by BitMine chairman Tom Lee, who recently reiterated his prediction that ETH could reach $60,000 in the long term. He believes Wall Street’s growing interest in ETH could create a “1971 moment” for the asset.
On-chain data also supports this optimism, showing that large investors, or “whales,” have been accumulating ETH since its yearly lows in April. BitMine, a company with an $8.04 billion ETH treasury, is one of several corporate entities increasing their Ether holdings. Overall, corporate treasuries now hold nearly 3% of the total ETH supply.
September 2025, Cryptoniteuae
