Spot ETH ETFs' 19-Day Inflows End Amid Israel-Iran Tensions

- Spot ETH ETFs: 19-day inflow streak ends with $2.2 million in outflows. - Israel-Iran Tensions: Factor in broad crypto market downturn. On June 14, 2025, The Block reported that U.S. spot Ethereum ETFs ended their record 19-day inflow streak on June 13. These ETFs logged $2.2 million in outflows, which The Block attributed to heightened geopolitical tensions. The series of positive inflows, which began on May 16, 2025, became the longest observed streak, surpassing an 18-day record from late 2024. Demand was robust during this period, with some days even seeing inflows greater than those of spot Bitcoin ETFs. Consequently, the streak pushed the cumulative inflow value of spot Ethereum ETFs to its highest level since their launch in July 2024, and total net assets reached just over $10 billion. Recent geopolitical tensions escalated in the Middle East, particularly involving rocket fire between Israel and Iran, which created significant market uncertainty. The heightened risk prompted investors to withdraw from riskier assets, leading to a broader market downturn. As a result, the market saw around $1.1 billion in crypto liquidations, and consequently, the price of Ethereum (ETH) dropped by approximately 8% in the 48 hours leading up to June 14. On the day the streak concluded, Grayscale's Ethereum Mini Trust (ETH) recorded $6.7 million in inflows, while Fidelity's Ethereum Fund (FETH) experienced outflows totaling $8.9 million. In stark contrast, spot Bitcoin ETFs noted net inflows of $301.6 million on the same day. Analysts indicated they expect such volatility given the current geopolitical landscape. In other developments, SharpLink Gaming made a noteworthy $463 million purchase of Ethereum, which positioned the company as the second-largest individual holder of the cryptocurrency. According to CoinMarketCap on June 14, Ethereum (ETH) was trading at $2,520.17 as of 16:10 UTC, and its 24-hour trading volume had decreased by 1.53%.