US spot Ethereum ETFs saw net outflows of $542.1 million during the trading week ending October 9, 2026, their worst week since late January. BlackRock’s iShares Ethereum Trust (ETHA) accounted for roughly 88% of these redemptions, with approximately $477 million withdrawn. Ether fell more than 7% over the week, dropping below the $2,500 psychological level and its 50-day moving average. The funds have now logged nine consecutive trading days of outflows since September 29, totaling $697.2 million in redemptions. Despite these sizable withdrawals, cumulative net inflows since launch remain positive at approximately $13.26 billion.
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