Ethereum ETF Outflows Hit Nine Straight Sessions as BlackRock's ETHA Leads Redemptions

Spot Ethereum ETFs have recorded nine consecutive sessions of net outflows, with BlackRock's ETHA leading redemptions. Since the last net inflow of about $17 million on Sept. 28, cumulative outflows have totaled about $697 million. Oct. 6 marked the largest recent single-day outflow at $201.9 million, and daily redemptions gradually shrank thereafter, dropping to $56.1 million on Oct. 9. Ethereum's price fell from about $2,600 early in the month to near $2,500 on Oct. 11. Persistent institutional outflows have become the dominant force in market sentiment, even as the outflow pace has moderated.

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