US Ethereum ETFs Log $201.9 Million Daily Outflow, All Attributed to BlackRock's ETHA
Key Takeaways
- •US spot Ethereum ETFs recorded a combined net outflow of $201.9 million on Tuesday, October 6, marking six straight trading days of net withdrawals.
- •BlackRock's iShares Ethereum Trust (ETHA) accounted for the entire $201.9 million outflow, as no other product in the group saw inflows that day.
- •The outflow reflects redemptions exceeding share creations across the cohort, indicating shares were retired from the spot funds that hold ether directly.
- •Spot Ethereum ETFs began trading in the United States in July 2024 after the SEC cleared national exchanges to list the products, and ETHA ranks among the largest funds in the group by assets under management.
- •The next round of issuer flow disclosures will determine whether the withdrawal streak reaches a seventh day or the group logs its first net inflow of the run.
US Ethereum ETFs Log $201.9 Million Daily Outflow, All Attributed to BlackRock's ETHA
United States spot Ethereum exchange-traded funds (ETFs) recorded a combined net outflow of $201.9 million on Tuesday, October 6, marking the sixth consecutive trading day of net withdrawals for the group. No product in the cohort took in money during the session, and BlackRock's ETHA fund accounted for the entire day's exit on its own.
Every Dollar of the Outflow Traced to ETHA
None of the US-listed Ethereum ETFs reported inflows for the day. The full $201.9 million in net withdrawals was attributed to ETHA, the iShares Ethereum Trust managed by BlackRock, the world's largest asset manager. A net outflow of this kind indicates that redemptions outweighed creations across the group during the session — the share creation and share removal process through which money enters and leaves an ETF. For spot products that hold ether directly, sustained redemptions mean shares are being retired from the funds rather than added to them. Daily figures of this sort are compiled from disclosures filed by ETF issuers.
Background on the Products
Spot Ethereum ETFs began trading in the United States in July 2024, following regulatory clearance from the Securities and Exchange Commission for national exchanges to list the products. The lineup spans several major issuers, with ETHA among the largest funds in the group by assets under management. Issuers publish flow data for each trading day, a dataset that market observers routinely track to follow how demand for the products is developing.
Tuesday's session extended the withdrawal streak to six straight trading days of net outflows for the cohort, according to the reported figures — more than a full trading week in which redemptions exceeded creations every session. The next round of issuer flow disclosures will show whether the streak extends into a seventh day or whether the group logs its first net inflow of the run.
Source
This report was first published by COINOTAG on October 7, 2026.
