U.S. spot Ethereum exchange-traded funds posted net outflows of $320.1 million in the week ended Oct. 16, according to data from Farside Investors, exceeding the $228.4 million withdrawn from spot Bitcoin ETFs over the same period. The figures point to heavier selling pressure in Ethereum-linked products during the week, even as Bitcoin ETF outflows came in lower by comparison. BlackRock accounted for most of the Ethereum ETF withdrawals. Its iShares Ethereum Trust (ETHA) recorded roughly $299 million in outflows, representing nearly 93% of the total net outflow from U.S. spot Ethereum ETFs. In contrast, Fidelity’s FETH registered a small net inflow during the same week. The weekly breakdown shows that Ethereum products bore the larger share of ETF redemptions in the U.S. market over the period covered by the data.
U.S. spot Ethereum ETFs recorded net outflows of $320.1 million in the week ended Oct. 16, according to Farside Investors data. That was higher than the $228.4 million in outflows from spot Bitcoin ETFs during the same period.
BlackRock’s iShares Ethereum Trust (ETHA) made up most of the Ethereum ETF withdrawals, with about $299 million in outflows. That accounted for nearly 93% of the total net outflow from spot Ethereum ETFs. Over the same week, Fidelity’s FETH posted a small net inflow.
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