BlackRock’s iShares Ethereum Trust (ETHA) recorded $69.7 million in withdrawals on October 16, 2026. These withdrawals accounted for the entirety of U.S. spot Ethereum ETF outflows that day. This movement marked the third consecutive day of withdrawals for Ethereum-based ETFs.
Combined Bitcoin and Ethereum ETFs saw $152 million in net outflows on the same date. BlackRock’s ETHA recorded $223.9 million in withdrawals over a three-day period. Market volatility and investor concerns regarding U.S. inflation and interest rates influenced these movements.