BlackRock's Ethereum ETF sees $75M outflow amid nine-day selling streak in US spot Ethereum ETFs.
On October 12, 2026, clients of BlackRock's iShares Ethereum Trust withdrew $75.07 million worth of Ethereum, driving most of the $85.4 million total outflow from US spot Ethereum ETFs that day. This marked the ninth consecutive day of net redemptions for these ETFs, with $542.1 million pulled out in the week ending October 9, the largest weekly outflow since January 2026. Despite these outflows and Ethereum's price softening around $2,500, the ETHA fund remains the dominant Ethereum ETF with over $12.7 billion in cumulative net inflows since its July 2024 launch. The trend suggests a potential tactical shift among digital asset investors, as Bitcoin ETFs saw mixed to positive inflows during the same period. Investors should watch BlackRock's client behavior closely, as it heavily influences the health of the Ethereum ETF market.
On October 12, 2026, clients of BlackRock's iShares Ethereum Trust withdrew $75.07 million worth of Ethereum, driving most of the $85.4 million total outflow from US spot Ethereum ETFs that day. This marked the ninth consecutive day of net redemptions for these ETFs, with $542.1 million pulled out in the week ending October 9, the largest weekly outflow since January 2026. Despite these outflows and Ethereum's price softening around $2,500, the ETHA fund remains the dominant Ethereum ETF with over $12.7 billion in cumulative net inflows since its July 2024 launch. The trend suggests a potential tactical shift among digital asset investors, as Bitcoin ETFs saw mixed to positive inflows during the same period. Investors should watch BlackRock's client behavior closely, as it heavily influences the health of the Ethereum ETF market.
What's Your Reaction?
