Key Takeaways
- • U.S. spot Ether ETFs recorded a net outflow of $21.4 million on October 28, 2026, the third consecutive day of withdrawals, according to the primary source.
- • BlackRock's iShares Ethereum Trust led the outflows with $44.8 million withdrawn on October 28, outweighing inflows of $23.4 million into other funds such as Fidelity Ethereum Fund and Grayscale Ethereum Mini Trust.
- • Over the past five trading sessions, Ether spot ETFs posted combined net outflows of $276.4 million, though cumulative net flows since launch remain positive at $12.58 billion.
- • Ether traded at approximately Rp42,464,121 on Pluang as of October 29, 2026, down 0.73% over the prior day, with 56% of Pluang orders on the sell side.
Summary
U.S. spot Ether (ETH) exchange-traded funds recorded a net outflow of $21.4 million on October 28, 2026, marking the third consecutive day of withdrawals, according to the primary source. BlackRock's iShares Ethereum Trust accounted for the bulk of the redemptions, with $44.8 million withdrawn that day. Other products, including the Fidelity Ethereum Fund and the Grayscale Ethereum Mini Trust, recorded inflows, which together totaled $23.4 million, but were insufficient to offset BlackRock's outflow.
Over the past five trading sessions, the funds have seen combined net outflows of $276.4 million. Cumulative net flows since launch remain positive at $12.58 billion, indicating that the recent weakness reflects short-term caution rather than a broader reversal of institutional demand for the products.
Supplementary market data from the Pluang platform, published alongside the story, put Ether at Rp42,464,121 as of October 29, 2026, at 12:21 WIB, a decline of 0.73% over the prior day. The reported market capitalization was Rp5.112,98 trillion, with 24-hour trading volume of Rp189,48 trillion. Pluang users showed a selling bias, with 56% of orders on the sell side and a typical hold time of 108 days.
Related market coverage from the same period noted a second consecutive day of net outflows on October 27, 2026, totaling $60.22 million and driven primarily by BlackRock's ETHA, with withdrawals easing about 32% from the prior session. Those figures are cited here as context for the ongoing trend and do not form part of the primary report's October 28 data.
Over the past five trading sessions, the funds have seen combined net outflows of $276.4 million. Cumulative net flows since launch remain positive at $12.58 billion, indicating that the recent weakness reflects short-term caution rather than a broader reversal of institutional demand for the products.
Supplementary market data from the Pluang platform, published alongside the story, put Ether at Rp42,464,121 as of October 29, 2026, at 12:21 WIB, a decline of 0.73% over the prior day. The reported market capitalization was Rp5.112,98 trillion, with 24-hour trading volume of Rp189,48 trillion. Pluang users showed a selling bias, with 56% of orders on the sell side and a typical hold time of 108 days.
Related market coverage from the same period noted a second consecutive day of net outflows on October 27, 2026, totaling $60.22 million and driven primarily by BlackRock's ETHA, with withdrawals easing about 32% from the prior session. Those figures are cited here as context for the ongoing trend and do not form part of the primary report's October 28 data.
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