Ethereum falls 16% in October as US ETH ETFs see record $1.61B outflows, led by BlackRock's $1.42B withdrawals.
Ethereum's price dropped 16.06% in October 2026 after three months of gains, closing around $2,250. US spot Ethereum ETFs experienced a historic $1.61 billion in net outflows, mainly from BlackRock's ETHA fund with $1.42 billion withdrawn. This decline coincided with broader market concerns including a Binance hack and slowing institutional purchases. November's market will be closely watched to see if investor confidence and ETF inflows recover.
Ethereum's price dropped 16.06% in October 2026 after three months of gains, closing around $2,250. US spot Ethereum ETFs experienced a historic $1.61 billion in net outflows, mainly from BlackRock's ETHA fund with $1.42 billion withdrawn. This decline coincided with broader market concerns including a Binance hack and slowing institutional purchases. November's market will be closely watched to see if investor confidence and ETF inflows recover.
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