US spot Ethereum ETFs shed $320.1 million as BlackRock fund drives exits
CIE News ·
Based on reporting by crypto.news; not yet independently confirmed.
US spot Ethereum ETFs saw $320.1 million in net outflows for the week ending October 16, 2026. BlackRock's ETHA accounted for $299 million of the withdrawals.
United States spot Ethereum (ETH) exchange-traded funds posted roughly $320.1 million in net withdrawals for the trading week ending October 16, 2026, according to crypto.news. The weekly redemptions marked the third consecutive week of net outflows for the fund group and exceeded the $228.4 million pulled from spot Bitcoin (BTC) ETFs during the same span.
BlackRock's iShares Ethereum Trust (ETHA) accounted for $299 million of the category's total net redemptions, cryptoticker.io reported. The weekly loss represented roughly 93.4% of net outflows across all US Ethereum funds, with the product recording its largest single-day exit on Wednesday at $109.8 million.
Fidelity's FETH managed small inflows on Tuesday and Thursday, while Grayscale's Ethereum Mini Trust took in $16.7 million on Tuesday before logging withdrawals later in the week. By October 18, 2026, ETH was trading near $2,386 and BTC stood at around $81,238.
Key facts
- $320.1M ETH ETF weekly outflows
- $299M pulled from BlackRock ETHA
- 3rd straight week of net outflows
- BTC ETFs shed $228.4M
Read the original at crypto.news