BlackRock, Grayscale Bail On ETFs: ETH Price Under Strain

As the market continues to cool down after a very hot first two months this Summer, big players are quietly offloading digital assets. The positive exchange-traded fund (ETF) market flow for Ether (ETH) has been flipped back into the red zone, judging from this week’s balance sheet. No Slack For ETH as ETFs Slimmed By $422.2M Overnight BlackRock, Fidelity & Grayscale, the big three of the ETH ETF market, all saw negative flows three days in a row, with the bearish trend particularly strong on August 19, 2025. According to Farside Investors, a mouth-dropping $422.2 million worth of ETH

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