Ethereum and Bitcoin both faced pressure on September 5 as U.S. spot ETFs reported another day of heavy outflows. Ethereum spot ETFs alone saw $447 million in net withdrawals, marking the second-largest daily outflow in their history. Bitcoin spot ETFs also struggled, posting $160 million in outflows. Notably, none of the twelve Bitcoin ETFs managed to record net inflows that day.

This wave of selling was quickly reflected in market prices. Bitcoin slipped from about $113,000 to $110,000, erasing recent gains and showing how sensitive the market remains to ETF flows. Ethereum followed the same pattern, dropping from roughly $4,460 to $4,300.

The link between ETF flows and price action is not new, but days like this make the connection more obvious. When institutional investors pull capital from these funds, it often adds direct selling pressure on the underlying assets.

On September 5, Ethereum spot ETFs saw total net outflows of $447 million, the second-largest in history. Bitcoin spot ETFs recorded total net outflows of $160 million, with none of the twelve ETFs posting net inflows.https://t.co/Tvs2oCSxTg pic.twitter.com/OYRixTrDBk

Large outflows from both BTC and ETH ETFs indicate that investors are cautious right now. It may be a response to broader macroeconomic uncertainty, upcoming data releases, or simply profit-taking after strong runs earlier in the year.

Ethereum’s number stands out because it is only the second time in history that spot ETH ETFs have seen withdrawals of this scale. For a product that launched with high expectations earlier this year, such a sharp move raises questions about investor confidence in the short term.

The bigger question is whether this marks the start of a trend or just a temporary shift. If outflows continue, both Bitcoin and Ethereum could see more downside as selling pressure builds. On the other hand, if this was a one-off event tied to market sentiment around September 5, the dip may prove to be short-lived.

Read also: Solana Overtakes Ethereum as Largest Blockchain by Staked Value

In my view, these outflows highlight how much influence ETFs now have over crypto markets. Retail traders can push volatility, but the large, coordinated movements often come from institutional money. As more funds continue to trade on Wall Street, we should expect this connection between ETF flows and spot price action to only grow stronger.

For now, Bitcoin holding near $110,000 and Ethereum staying above $4,300 keeps both assets within their broader bullish structures. But continued ETF outflows would be hard for the market to ignore.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Ethereum and Bitcoin ETFs See Heavy Outflows, Prices Drop in Response appeared first on CaptainAltcoin.

178 +