Investors pull $116M from BlackRock's Ethereum ETF amid sector outflows, while Bitcoin ETFs see inflows.
On October 7, 2026, investors withdrew $116.05 million from BlackRock's iShares Ethereum Trust (ETHA), marking the largest single-day redemption in the US Ethereum ETF market. This outflow was part of a broader trend with US spot Ethereum ETFs losing $160.9 million that day, following a $201.9 million outflow on October 6. Meanwhile, Bitcoin ETFs attracted about $119 million in net inflows, indicating a rotation rather than a retreat from digital assets. The shift suggests investors are reallocating funds between Ethereum and Bitcoin ETFs amid changing macroeconomic conditions, which could lead to increased volatility for Ethereum futures if the pattern continues.
On October 7, 2026, investors withdrew $116.05 million from BlackRock's iShares Ethereum Trust (ETHA), marking the largest single-day redemption in the US Ethereum ETF market. This outflow was part of a broader trend with US spot Ethereum ETFs losing $160.9 million that day, following a $201.9 million outflow on October 6. Meanwhile, Bitcoin ETFs attracted about $119 million in net inflows, indicating a rotation rather than a retreat from digital assets. The shift suggests investors are reallocating funds between Ethereum and Bitcoin ETFs amid changing macroeconomic conditions, which could lead to increased volatility for Ethereum futures if the pattern continues.
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