According to the SoSoValue data distributed by WuBlockchain, Ethereum spot ETFs saw their net outflow decrease by a sharp 219 million on November 4, 2025. This was the fifth consecutive day of outflows and this is an indication of consistently high level of caution by the institutional investors. It is the trend of a shaky week in Ethereum trading whose price has been floating around the 3,000 mark, eliciting profit-taking. The outflows indicate the change of mood to risk assets, as investors concentrate on the stablecoins and Bitcoin ETFs.
BlackRock ETFs ETHA Leads Withdrawals of $111M
The BlackRock iShares Ethereum Trust (ETHA) was the top-performing fund of funds with a draw of 111million in one session, which is over fifty percent of the daily withdrawal. Nevertheless, ETHA still has a historical cumulative net inflow of 13.975 billion, which was the result of the previous institutional zeal. Its competitive 0.25% cost of doing business has traditionally drawn long term investors although the current sell-off is apparently causing a temporary loss of heart.
According to SoSoValue, Ethereum spot ETFs amount to a total of 21.125 billion in total net assets, which is 5.45 percent of the total market capitalization of Ethereum. At the assumption of a price of Ethereum averaging 3,000, this would translate to an approximate of 7 million ETFs owned by ETFs.The net asset base is also high which highlights the fact that the present withdrawals are a repositioning issue and do not indicate a liquidity crisis.
Researchers Cite Profiteering and Turnover into Bitcoin ETFs
Changes in Ethereum ETF redemptions are associated with profit-taking by market analysts following vigorous post-halving gains up to 2025. Data on CoinGlass indicates that institutional portfolios are starting to turn towards Bitcoin ETFs with some mild inflows observed in the same week. The performance of Ethereum is still related to macro-factors including rate-cut expectations and U.S. tech stock flows.
Controlled ETFs Retain Trust in a Slackening Trend
The outflow of 219 million, however, does not imply that regulated Ethereum ETFs are unable to attract the trust of investors since the holdings are transparent and leverage is low. TradingView data indicate ETHA trades at a 0.52% premium to NAV indicating further demand. ETFs by Fidelity (FETH) and Grayscale (ETHE) had lower redemptions, and this implied that the markets were more stable. The NAV of over 21billion maintained underlines that Ethereum is the second-largest institutional crypto asset, and ETFs are one of the major access points of traditional investors.
