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“Ethereum Slides Harder Than Bitcoin as ETF Outflows and Institutional Selling Shake Crypto Markets” 🚨🚨🚨

Ethereum is under heavy pressure as the broader crypto market turns sharply negative, falling faster than bitcoin and testing key support levels near $2,100. The second-largest cryptocurrency has dropped more than 9% over the past seven days, significantly underperforming bitcoin as investors continue pulling money from Ethereum-focused investment products.

Recent data from SoSoValue shows Ethereum ETFs have now recorded five straight days of outflows totaling $255 million, signaling weakening institutional confidence amid growing market uncertainty.

Major Wall Street players are also reducing exposure. Goldman Sachs revealed in its latest 13F filing that it slashed its holdings in BlackRock’s iShares Ethereum Trust ETF from $679 million down to roughly $178 million. The bank also completely exited its position in Fidelity’s Ethereum Fund while trimming exposure elsewhere, though it did add $67 million into the iShares Staked Ethereum Trust ETF.

Harvard University’s endowment fund also appeared to step away from Ethereum entirely. Its newest filing showed no Ethereum ETF exposure after previously reporting an $86.8 million stake in BlackRock’s Ethereum ETF earlier this year.

Despite the selloff, some institutional bulls remain committed. BitMine Immersion Technologies continued aggressively accumulating Ethereum during the recent pullback. Chairman Tom Lee stated the company purchased more than 71,000 ETH over the past week, calling prices below $2,200 an attractive buying opportunity. However, the firm’s unrealized losses have now surpassed $7.3 billion as Ethereum continues to weaken.

Market sentiment has deteriorated rapidly. Prediction market odds for Ethereum reclaiming $2,500 by the end of May have collapsed to just 7%, down dramatically from 57% only a week ago, highlighting growing skepticism among traders.

While bitcoin continues to hold relatively stronger support, Ethereum’s sharper decline reflects mounting concerns around institutional demand, ETF flows, and overall risk appetite in crypto markets.