Ethereum ETFs Clock Their First 7-Day Bleed of the Year as $391M Walks Out the Door

U.S. spot Ethereum ETFs just logged their first seven-day outflow streak of 2025, with a whopping $391.65 million exiting the building. According to data from SoSoValue, the 10 spot $ETH ETFs saw $92.54 million in net outflows on Thursday, March 26—BlackRock's ETHA led the charge downward with $140.24 million walking out. Not all was doom and gloom though: BlackRock's staked Ethereum ETF (ETHB) pulled in $96.81 million on the same day, softening the blow considerably.

This marks seven consecutive days of redemptions for these investment products. Just before this unfortunate streak kicked off, the ETFs were riding high on a six-day inflow run that brought in over $386 million. The mood shift? Institutional traders appear to be pulling back as tensions between the U.S. and Iran simmer, spooking risk assets across the board. Nothing says "confidence in the market" like geopolitical anxiety and a good old-fashioned risk-off sprint.

Some of that capital is also rotating into ETHB, which dangles the carrot of native staking yields—something your standard spot ETF can't offer since it just tracks price. BlackRock previously mentioned it would waive part of sponsor fees to stay competitive for the first $2.5 billion in assets. Basically, they're bribing you with fee waivers while whispering sweet nothings about 4% APY. Hard to say no when the spot ETF is just sitting there looking pretty and yield-less.

Investors are also fleeing to safe havens like gold and other precious metals as oil prices keep climbing, fueling inflation fears and concerns about a more hawkish Federal Reserve. Nothing like a good old-fashioned flight to shiny rocks when things get spicy. Meanwhile, the Fed probably just shrug emoji'd at everyone.

On the monthly front, these ETFs are about to close out their fifth straight month of net outflows since November, with nearly $2.85 billion in total exits. That's not a bleed—that's a hemorrhage with a tourniquet made of optimism. Five months of red in a row would make even the most degened trader check their position twice.

Ethereum itself has taken a beating—down over 45% from its year-to-date high to $1,815 in late February, thanks to the persistent ETF outflows, the U.S.-Iran situation, rising energy costs, and diminished hopes for Fed rate cuts this year. At press time