Ethereum exchange-traded funds have hit a rough patch, posting losses for three days in a row. The trend highlights cooling sentiment around Ether as Bitcoin funds continue to attract steady inflows. Ethereum spot ETFs posted $38.2 million in net outflows on September 3, marking the third consecutive day of redemptions. According to SoSoValue data , the day’s negative balance was largely driven by BlackRock’s ETHA fund, which recorded outflows of about $151 million. The redemptions were partly offset by inflows into Fidelity’s FETH at $65.8 million, Grayscale’s ETH at $26.6 million, and Bitwise’s ETHW at $20.8 million, while the rest of the funds were flat on the day. Even so, the $38.2 million in losses were modest compared to the sharp outflows in the two sessions before, when more than $300 million left Ethereum products. The streak of withdrawals coincided with ETH’s own price struggles, reflecting cooling investor interest and demand. Altogether, Ethereum ETFs shed around $338 million over the three-day stretch, cutting into what had been a strong run. Just days earlier, the funds had logged six straight days of inflows, attracting more than $1.8 billion. Meanwhile, Bitcoin ETFs have performed more positively , attracting over $634 million in a two-day streak of inflows. The reduced outflows in ETH ETFs come as the asset’s price slightly recovers. ETH started the day near $4,400, rebounding from an earlier dip toward $4,200 per market data from crypto.news. Trading at $4,414 at the time of writing, the second-largest cryptocurrency is up about 0.95% on the day, though it remains roughly 4% lower for the week and around 11% below its all-time high. Analysts have highlighted the $4,500 level as a critical breakout threshold. A break above this could unlock fresh upside momentum, while failure to hold above it may risk pushing price back toward the $4,100–$4,000 range. Still, price action in recent weeks shows Ethereum maintaining a bullish trend, with price holding above key moving averages. Some target forecasts point to a move toward $5,000, with a stretch possibility toward $6,000 if momentum sustains. Whale and institutional activity reinforce the outlook. On-chain data show multiple entities accumulating ETH, and this increased demand may help stabilize the price while providing a stronger foundation for further gains. If positive momentum persists, ETH could be poised for a near-term recovery, potentially restoring strong inflows into Ethereum exchange-traded funds. [Whale]