Ether ETFs Post Biggest Outflow in Three Weeks as Six-Day Streak Drains $408M

Published October 8, 2026, 09:20 UTC. Flow data from SoSoValue; reporting via CryptoTimes, Finst and CryptoRank; price data from KuCoin markets.

U.S. spot Ethereum ETFs recorded $201.9 million in net outflows on Tuesday, the largest single-day withdrawal since mid-September, according to SoSoValue data cited by CryptoTimes, Finst and CryptoRank. The outflows marked a sixth straight trading day of redemptions, extending a streak that began on September 29.

Ether was trading near $2,617 on Wednesday, down about 5.5% over the previous 24 hours after briefly dipping below $2,600, according to KuCoin market data. Bullish positions worth about $164.9 million were liquidated during the slide, Finst reported.

The $201.9 million Tuesday

BlackRock's iShares Ethereum Trust was the entire story on Tuesday. ETHA accounted for all $201.9 million of the day's net outflows on its own, with none of the other ten Ether ETFs recording net movement during the session, according to the flow tables. Over the five trading days through October 6, ETHA has shed $253.9 million, followed by Fidelity's FETH at $86.3 million out and Grayscale's ETHE trust at $27.9 million. ETHA still holds about $9.6 billion in assets under management, the largest of the group.

Six sessions, $408 million gone

The six-session run has drained approximately $407.8 million from the Ether ETF complex, the longest outflow streak since a nine-day stretch from June 17 through June 30. The reversal has been especially sharp because it follows a strong run: the funds had pulled in $850.8 million over seven straight trading sessions just before the streak began, so the recent withdrawals have erased nearly half of that inflow, Finst reported.

Bitcoin funds took the money instead

The selling has not spread to every crypto product. Spot Bitcoin ETFs drew $118.9 million in net inflows on October 6, led by BlackRock's IBIT at $122 million, and have taken in a net $239 million over the same six sessions, CryptoRank and CryptoTimes reported. Funds tied to Zcash and Solana also saw withdrawals of $89 million and $23.2 million respectively, pointing to a clear preference for Bitcoin among institutional allocators this week.

ETF flows have been a primary driver of price action for both assets this year. Ether's price held up reasonably well through the first days of the outflow streak, but the pressure eventually broke through on Tuesday as the combination of redemptions, liquidations and a broader risk-off session hit altcoins harder than Bitcoin, which was down about 3.2% to near $83,371 in the same window.

This article is news reporting and is not investment advice.

Sources

• SoSoValue, U.S. Spot ETH ETF daily flow tables, primary source
• CryptoTimes, Bitcoin ETFs See $119M Inflows as Ether Funds Lose $202M (Oct. 8, 2026)
• Finst News, Ethereum ETFs See Biggest Outflows in Three Weeks (Oct. 7, 2026)
• CryptoRank, Ethereum ETFs See Biggest Outflow in 3 Weeks as Demand Stays Under Pressure (Oct. 7, 2026)