The iShares Ethereum Trust (ETHA) recorded $75.2 million in outflows on November 5, 2026. U.S. spot Bitcoin and Ethereum ETFs lost more than $530 million combined that day.
Outflows from all Ethereum ETFs totaled nearly $100 million. The withdrawals extended a period of significant outflows from Ethereum-based funds in recent weeks.
The withdrawals coincided with a sharp downturn in equity markets. The Nasdaq posted its steepest decline since 2020. The sell-off across crypto and traditional markets was attributed to renewed investor risk aversion following the U.S. midterm elections.