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Ethereum ETF Redemptions Highlight BlackRock Fund Withdrawals

Reported by The Cryptonomist
Oct 13, 2026· 2 min read
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Key Takeaways
  • • US spot Ethereum ETFs recorded net outflows of $85.4 million on October 12, 2026, extending a run to nine consecutive days of withdrawals, according to Crypto Briefing.
  • • BlackRock's iShares Ethereum Trust (ETHA) accounted for approximately 88% of redemptions in the week ending October 9, 2026, with $477.1 million withdrawn per Farside Investors data cited by FinanceFeeds.
  • • Category-wide Ethereum ETF net redemptions totaled $542.2 million for the week ending October 9, 2026, the largest weekly outflow since January 2026 according to the primary report.
  • • US spot Ethereum ETFs still held approximately $15.86 billion in assets under management as of October 12, 2026, about 5.15% of Ethereum's market capitalization.
  • • ETHA's cumulative net inflows remained above $12.7 billion since its July 2024 launch, and the fund charges a 0.25% sponsor fee.
Summary
US spot Ethereum exchange-traded funds recorded net withdrawals of $85.4 million on October 12, 2026, according to Crypto Briefing, extending the category's outflow streak to nine consecutive trading sessions. BlackRock's iShares Ethereum Trust, traded under the ticker ETHA, accounted for most of the redemptions. On October 12 alone, clients withdrew $75.07 million from the fund.

The outflows were concentrated in the week ending October 9, 2026. Per updated Farside Investors data cited by FinanceFeeds, ETHA's withdrawals for that period reached $477.1 million, roughly 88% of category-wide redemptions of $542.2 million. Daily ETHA outflows during the week were $201.9 million on October 6, $116.1 million on October 7, $71.1 million on October 8 and $56.1 million on October 9. The primary report described the week as the largest for Ethereum ETF outflows since January 2026.

Ethereum traded near $2,500 on October 12, 2026, down from a range of $2,600 to $2,715 earlier in the month, and the price weakness coincided with the withdrawals. Despite the selling, US spot Ethereum ETFs held approximately $15.86 billion in assets under management as of October 12, representing roughly 5.15% of Ethereum's total market capitalization.

Bitcoin ETF flows were mixed by session but showed net withdrawals for the week ending October 9, with Farside data placing redemptions at $678.9 million despite a $21.1 million inflow on the final day. BlackRock's iShares Bitcoin Trust recorded a $1.1 million net inflow that week. Nonetheless, ETHA's cumulative net inflows since its July 2024 launch remained above $12.7 billion, and the fund charges a 0.25% sponsor fee.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

The Cryptonomist Ethereum ETF Redemptions Highlight BlackRock Fund Withdrawals