Ethereum ETFs Bleed $256M in Five Days: Market Shakes as Unstaking Surges

Ethereum ETFs have seen significant outflows over the last five days, totaling around $256 million; the most severe single-day withdrawal—almost $197 million—occurred on August 18, 2025—the second-largest outflow since these funds started. With $87 million and $79 million in outflows, respectively, on August 18, BlackRock's ETHA and Fidelity's FETH spearheaded the exit, while Fidelity had previously noted a huge $272 million outflow the preceding Friday. These withdrawals match with record Ethereum unstaking activity; 910,000 ETH (worth about $3.9 billion) currently waits for unlocking, hence generating market instability. This recent pullback comes after a formerly high-interest period, when ETH ETFs drew $3.7 billion in inflows over eight consecutive trading days in early August.

ETHUSD showed a minor pullback after four days of sell-off. It hit an intraday low of $4066 and is currently trading around $4189. Overall trend remains bullish as long as support $3500 remains intact. Watch out for $4500, any break above targets $4770/$5000/$6000. A robust bullish trend will only materialize above $5000.

Immediate support is around $4000. Any violation below will drag the price down to $3700/$3550/$3500/$3380/$3200/$3000. A breach below $3000 could see Ethereum plummet to $2770/$2500.

It is good to buy on dips around $4000 with SL around $3650 for a TP of $5000/$6000.