Ethereum Jitters: VanEck’s ETHV ETF Sees Multi-Million Dollar Outflow as Investors Hit Pause

Ethereum Nerves Show as VanEck’s ETHV Sees 3.7% of Assets Head for the Exit

The VanEck Ethereum ETF, ETHV, recorded net outflows of $6.43 million on December 16, 2025, a notable redemption that shaved roughly 3.7% off its $172.7 million in assets under management (AUM). The move underscores a bout of investor caution around Ethereum-linked products after a volatile stretch for the world’s second-largest cryptocurrency.

While a single day’s flow does not define a trend, the size of the pullback relative to AUM suggests that a cohort of investors is locking in profits or reducing risk as Ethereum trades well below its cycle highs. Such outflows can also reflect tactical rotation into cash or other risk assets as macro conditions and rate expectations continue to shift.

The related asset, ETH-USD, is currently trading at $2,964.8. Over the last three months, Ethereum has delivered a mixed performance, with prices oscillating amid shifting narratives around spot ETF approvals, network upgrades, and broader risk sentiment—though the provided data did not specify the exact three‑month percentage change. On a short-term basis, the 1-day technical setup is flashing a neutral signal, suggesting neither clear bullish momentum nor decisive downside pressure in the immediate term.

For ETF investors, the combination of sizeable outflows and a neutral technical picture on the underlying token indicates a market in wait-and-see mode: positioning is being trimmed, but there is no decisive conviction on a deeper breakdown. How quickly those flows stabilize—or reverse—could offer an early clue as to whether institutional appetite for Ethereum exposure is merely pausing or entering a more prolonged cooling phase.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.