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Crypto & Bitcoin

BlackRock ETF clients sell $75 million worth of Ethereum

Reported by Vivian Nguyen, Crypto Briefing

Image: Crypto Briefing

Redemptions from the iShares Ethereum Trust led an $85.4 million exodus from US spot Ethereum ETFs on October 12 BlackRock’s Ethereum fund had another rough day at the office. Clients of the iShares Ethereum Trust (ETHA) pulled $75.07 million worth of Ethereum on October 12, 2026. That one fund drove most of the day’s pain. Across all US spot Ethereum ETFs, net outflows totaled $85.4 million, so BlackRock’s product was doing the bulk of the bleeding. The October 12 outflow capped a run of nine consecutive days of money leaving Ethereum ETFs.

This is an excerpt. The reporting belongs to Crypto Briefing.

Read the full report on cryptobriefing.com

Also carried by CaptainAltcoin

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