BlackRock ETF clients pull $116.05 million from Ethereum fund

Investors in BlackRock’s iShares Ethereum Trust, ticker ETHA, sold $116.05 million worth of ETH exposure on October 7, 2026. It was the largest single-fund redemption of the day across the US Ethereum ETF market. Two rough days for Ethereum funds Total outflows across US spot Ethereum ETFs reached $160.9 million on October 7. ETHA alone accounted for well over two-thirds of that figure. The day before was worse. On October 6, sector-wide Ethereum ETF outflows hit $201.9 million, and that total was almost entirely attributable to ETHA. On September 16, 2026, ETHA lost approximately $110 million. That was part of a $224 million outflow across Ethereum ETFs during that period. Meanwhile, Bitcoin funds were having a very different week. US spot Bitcoin ETFs recorded net inflows of about $119 million on October 6, the same session Ethereum products saw their $201.9 million exit. How big is ETHA, really ETHA launched in July 2024 and has led the Ethereum ETF category since then, accumulating over $13 billion in net inflows. As of early October 2026, total assets across the Ethereum ETF sector stood at approximately $17.36 billion. ETHA represents the majority of that figure. Rotation, no...