US spot Ethereum ETFs recorded 23 consecutive days of net outflows, their longest losing streak since launching in July 2024. Investors withdrew more than $1 billion in October, making it the largest monthly drain of 2026, following $832 million of inflows in September. On October 30, the funds lost $155.8 million, including $76.6 million from BlackRock’s iShares Ethereum Trust. Despite the outflows, total net assets stood at approximately $13.22 billion, while cumulative net inflows since launch hovered around $12.29 billion. Over the same period, Ethereum staking continued to reach record levels, with ETH remaining between $2,200 and $2,500 despite sustained ETF selling.
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