Ethereum ETFs Post $110.6 Million Net Outflow on Oct. 22, Led by BlackRock's ETHA
Key Takeaways
- •Spot Ethereum ETFs recorded $110.6 million in combined net outflows on Oct. 22.
- •BlackRock’s iShares Ethereum Trust, known by the ticker ETHA, led the day’s withdrawals.
- •The products’ October net outflows reached $1.2 billion through Oct. 22, the category’s worst monthly result of 2026.
- •October outflows occurred on all but two trading days, according to the running tally.
- •The October result contrasts with net inflows of $1.85 billion in August and $832 million in September.
Spot Ethereum (ETH) exchange-traded funds recorded a combined net outflow of $110.6 million on Oct. 22, with BlackRock's ETHA leading the day's withdrawals, according to flow data published by COINOTAG.
The single-day figure lands within a broader pullback for the category. Spot ether ETFs have shed $1.2 billion in net outflows through Oct. 22, making October the worst month of 2026 for the products, per COINAG's Oct. 23 update (20:13 UTC). The monthly tally marks a sharp reversal from the preceding two months, when the funds drew net inflows of $1.85 billion in August and $832 million in September. That swing — from two consecutive months of net creations to sustained net redemptions — is why the category's daily figures are watched as a real-time read on demand for regulated ether exposure: when investors buy or sell ETF shares, creations and redemptions move money into and out of the underlying asset.
The October weakness has been persistent rather than episodic: money has left the funds on all but two trading days this month, according to COINOTAG's running tally. With issuers reporting creations and redemptions after each trading day, the remaining October sessions will complete the month's record and show whether the withdrawal pattern eases or extends.
Background
Spot ether ETFs began trading on U.S. exchanges in July 2024, after the U.S. Securities and Exchange Commission cleared applications from several major asset managers. The funds hold ether directly and provide investors with regulated exposure to the token without requiring direct custody of the asset. Because the shares trade on traditional exchanges, the products make ether accessible through ordinary brokerage accounts — a structure that has turned ETF flow data into a frequently cited barometer of investor demand for the token.
BlackRock's iShares Ethereum Trust (ticker: ETHA) is among the largest products in the category.
Daily net flow figures aggregate creations and redemptions reported by fund issuers each trading day. A negative aggregate means redemptions outpaced creations — more money left the funds than entered.
This article draws on reporting first published by COINOTAG: https://en.coinotag.com/ethereum-etfs-110-6m-net-outflow-oct-22
