Key Insights
- US Ethereum spot ETFs posted $95.53M net outflows, this is a clear signal of institutional trimming near $3,000 without broad capital withdrawal from markets.
- ETF flow data shows repeated December outflows led by Grayscale and BlackRock products.
- Tom Lee’s Bitmine expanded its treasury with 67,886 ETH, contrasting ETF distribution and reinforcing selective long-term institutional accumulation in the current market conditions.
US Ethereum spot ETFs have recorded notable outflow activity as institutional positioning shifted. The market is in cautious conditions in spite of the price steady compression near key technical levels. Recent flows, chart behavior, and treasury actions have collectively framed a measured pause. This shows hope for recovery rather than broad risk abandonment.
Ethereum is trading at $2,933.68 today after an intraday decline of 0.79% over the past 24 hours. The asset also slipped 0.07% across the last seven days. showing mild weakness but steady market participation. The crypto has recorded a 24-hour trading volume of $20.00 billion, which is helping to maintain sustained liquidity.
US Ethereum spot ETFs Record Coordinated Net Outflows
US Ethereum spot ETFs posted $95.53 million in net outflows during a single trading session. The Moon Show shared the update on social media platform X, describing the move as coordinated caution rather than panic selling. Ethereum is being traded near the $3,000 level. This encouraged profit-taking after weeks of uneven inflows and fading momentum.
Total net assets across products remained near $18.02 billion. This is an indication of capital rotation instead of total ecosystem exit. ETF investors often respond quickly to macro pressure, particularly when interest rates remain restrictive. Therefore, if exposure is trimmed it could reflect risk management, and this would not be a wholesale rejection of Ethereum exposure.
https://x.com/TheMoonShow/status/2003701003301060747?s=20
Current price action is closely aligned with the capital flow data. Sustained red bars have removed downside support that was previously provided by ETFs. Since then, Ethereum continued trading without consistent institutional buying during short-term dips. The session then momentarily paused. The market is awaiting all pending clearer directional signals from both markets and policy conditions.
Distribution Trends Shape US Ethereum spot ETFs Activity
Subsequent data showed continued outflows of approximately 31,700 ETH on December 23.The Moon Show noted the pattern formed reflected a steady distribution and it was not a single disruptive event. Confidence softened and red days accumulated caused by lack of any meaningful recovery in aggregate flows.
Grayscale and BlackRock-linked products accounted for the largest reductions during this period. Other issuers, including VanEck and Invesco, remained flat. This disparity was suggesting side-lined involvement rather than redirected capital. Funds appeared to step back entirely, and seemed to be avoiding alternative Ethereum exposure vehicles.
Brief inflow spikes failed to reverse the broader pattern since mid-December. Even positive sessions were outweighed by repeated withdrawals that followed shortly afterwards. This behavior matched a risk-off posture that is often tied to macro uncertainty caused by stalled price momentum.
Treasury Accumulation and Technical Structure Frame Ethereum’s Range
ETH USDT chart data is showing a transition from strong upside momentum to a corrective, range-bound phase. Earlier on, Ethereum peaked near the $4,800 to $5,000 all time high zone. Buyers did not last before sellers imposed a lower-high structure. The descending resistance near $4,250 then continued to cap rallies during the following sessions.

ETH Price Chart / Source: X
The asset underwent a turbulence and it dropped further towards support between $2,800 and $2,900 . This is a key area that has attracted repeated buyer responses with reduced volatility. Candles are tightening around these zones.
This is a signal that selling pressure is easing and the market is stabilising and this is not a forced liquidation. Bulls must defend this area because a successful move above $3,200 could open room toward higher resistance if structure improves.
Alongside ETF caution, Tom Lee’s Bitmine disclosed a treasury purchase of 67,886 ETH worth $201 million. The update has caught attention on social platforms, and is adding context of the ongoing institutional positioning.
This huge treasury accumulation has contrasted the current ETF outflows. This shows that different institutions are reacting differently and this shows how different selective confidence within longer-term strategies.









