US spot Ethereum ETFs experienced their largest weekly net outflow since late January, with investors withdrawing $542.1 million during the week ending October 9, 2026. This trend marks nine consecutive trading days of outflows starting from September 29.
BlackRock’s iShares Ethereum Trust (ETHA) accounted for the majority of the withdrawals, totaling approximately $477 million. Grayscale’s ETHE followed with $31.9 million in outflows. As of October 9, cumulative net inflows into these funds reached $13.26 billion, with total net assets estimated at $15.71 billion.
The price of Ether fell to $2,491 on October 10, a decline of over 7% compared to the previous week. This drop pushed the asset below its 50-day simple moving average and the $2,500 threshold. Trading volume for ETH decreased by 61%, reaching $7.2 billion.
Broader market trends show similar pressure, as Bitcoin ETFs recorded outflows of approximately $681 million. Additionally, spot Solana ETFs saw their first outflows since launch, concluding a 14-week period of consistent inflows.
