Ethereum ETF Outflows Hit Nine Straight Sessions as BlackRock’s ETHA Leads Redemptions

U.S. spot Ethereum ETFs logged a ninth consecutive session of net outflows on October 9, extending the longest redemption stretch since the funds launched, with BlackRock’s iShares Ethereum Trust (ETHA) absorbing the heaviest withdrawals. Ether traded near $2,500 on October 11, down from roughly $2,600 at the start of the month, according to Farside Investors fund-flow data and live market pricing.

The nine-session streak has pulled roughly $697 million from the funds, and the persistence of the selling — rather than any single day’s figure — is the part that matters for holders. A lone large redemption can be dismissed as one investor rebalancing, but a stretch this long points to sustained, broad-based pressure on the ether funds.

Why Ethereum ETFs Keep Bleeding

The streak began after the funds’ last net inflow of about $17 million on September 28. Every trading session since has closed in the red. The heaviest day came on October 6, when $201.9 million left the category — the largest single-day outflow in weeks. The next sessions brought $160.9 million on October 7, $72.5 million on October 8, and $56.1 million on October 9, a steady decline that suggests the selling is tapering rather than accelerating.