Ethereum ETFs Lose 41.5M as Price Hits Resistance
The post Ethereum ETFs Lose 41.5M as Price Hits Resistance appeared on BitcoinEthereumNews.com.
Ethereum is testing major resistance levels just as its U.S. spot ETFs record a net outflow of about 41.5 million dollars, despite a 28.4 million dollar inflow into BlackRock’s ETHA fund. Technical analysts now focus on the 4,800-dollar zone and nearby supply areas to gauge whether the latest rebound can turn into a sustained move higher. Ethereum ETFs Record 41.5 Million Dollar Outflow as BlackRock Adds 28.4 Million Dollars Ethereum exchange traded funds posted a net outflow of roughly 41.5 million dollars on Dec. 4, according to daily ETF flow data. The withdrawal reflects broad selling across several major issuers, even as BlackRock moved in the opposite direction with a sizable new purchase. Ethereum ETF Daily Flows Table. Source: Ted BlackRock’s ETHA product recorded an inflow of 28.4 million dollars, the strongest single entry of the day. Fidelity’s FETH, VanEck’s ETHV, and Grayscale’s ETHE and EZET logged some of the largest red figures, continuing recent patterns in which higher-fee products face heavier outflows. Bitwise and 21Shares showed minimal activity, with flows holding near zero. Across the table, the distribution of red and green entries highlights a split market. Large withdrawals from multiple issuers outweighed BlackRock’s inflow, pushing the total into negative territory for the day. The trend aligns with two weeks of uneven activity, where inflows concentrate around low-fee products while older structures continue to shed assets. The Dec. 4 reading underscores that institutional demand remains present but uneven. BlackRock’s steady additions contrast with persistent outflows elsewhere, suggesting a rotation in investor preference rather than a broad shift in sentiment toward Ethereum itself. Analyst Flags $4,800 as Key Breakout Level for Ethereum Ethereum could eventually reach far higher price levels, but only if it clears several major resistance zones, according to analyst Ali. In a new weekly chart update shared…
