Key Insights
- •Ethereum ETFs have recorded net inflows for four consecutive days, accumulating approximately $164.4 million on January 15, 2026.
- •These consistent inflows indicate a growing trend of investors increasing their exposure to Ethereum through ETFs, suggesting rising institutional confidence in ETH.
- •A long-term Ethereum whale has transferred 13,083 ETH to the Gemini exchange, which could potentially lead to short-term selling pressure.
Ethereum ETF Extends Inflow Streak for Fourth Consecutive Day
U.S. spot Ethereum ETFs experienced net inflows totaling approximately $164.4 million on January 15, 2026. This marks the fourth consecutive day of positive inflows for ETH ETFs. BlackRock's ETHA fund has been a leading performer, attracting a net inflow of $149.16 million.
The recent data on Ethereum ETF flows suggests that large-scale investors and institutions are actively allocating new capital to gain ETH exposure. This steady investment into ETFs further indicates increasing confidence from traditional finance sectors in Ethereum as a digital asset.
Despite the positive ETF trends, ETH still faces potential selloff risks. A significant long-term ETH whale has deposited a substantial amount of the altcoin onto an exchange, a move often interpreted as an on-chain precursor to selling. While ETF inflows bolster investor confidence, the actions of this prominent ETH holder introduce potential short-term downside risks.
The U.S. Spot Ethereum ETF continued to attract capital for a fourth straight session on January 15. These positive inflows signal sustained institutional interest, even amidst ongoing price volatility in the broader cryptocurrency market.

Daily net Ethereum ETF inflow data shows positive inflows of $5.10 million on January 12, $130 million on January 13, $175.10 million on January 14, and $164.40 million on January 15.
BlackRock’s ETHA was the only fund to experience an outflow of $79.90 million on January 12. Exchange-traded funds from other issuers did not record any outflows during the past four days.
Although BlackRock’s ETHA saw a significant outflow on one day, it has also led in daily inflows, accounting for the majority of new capital entering these funds.
Fidelity's FETH has also recorded consistent net inflows, albeit in smaller amounts. Similarly, Grayscale's spot ETH product has attracted modest inflows. Other issuers have reported marginal or flat inflows, all contributing to the overall positive net total.
Since their launch on July 23, 2024, following approval from the U.S. SEC, Ethereum spot ETFs have consistently attracted capital. These ongoing investments have brought the cumulative net inflows to approximately $12.91 billion.
According to the latest data from SoSoValue, the total net assets under management across all Ethereum ETFs stand at $20.46 billion at the time of reporting. This figure represents substantial institutional exposure relative to Ethereum's overall market capitalization.
Ethereum Whale Sends $43M in ETH to Gemini, Maintains $115M Holdings
While Ethereum ETF inflows point to strong institutional interest, a long-term ETH whale has transferred 13,083 ETH, valued at approximately $43 million, to the Gemini exchange.
This ETH whale, identified by the address 0xB3E8, continues to hold 34,616 ETH coins, which are worth $115 million. This recent transaction could potentially create short-term selling pressure, possibly leading to a temporary dip in ETH's price if the whale decides to sell on the exchange.

The whale's action appears to be a preparatory step for potentially selling ETH coins. It is possible that this long-term Ethereum holder moved assets to Gemini to access liquidity. This move has prompted caution among ETH holders regarding potential near-term selling pressure.
Ethereum ETF Inflows Bolster Confidence, But Whale Moves Raise Risks
The sustained net inflows into Ethereum ETFs over four consecutive days are likely to encourage both investors and traders. However, the recent movements by the prominent whale, 0xB3E8, introduce potential short-term concerns.
While the whale has not yet initiated any sales, the act of depositing coins to Gemini highlights the possibility of near-term selling pressure emerging.

