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CryptoMediumUpdated•Originally published 7 October 2026•Updated 7 October 2026•
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BlackRock Ethereum ETF Hits Record $202 Million Outflow

Key Facts

1BlackRock ETF clients withdrew $202 million from Ethereum as the outflow streak extended to six consecutive days.

BlackRock ETF clients withdrew $202 million from the company's Ethereum fund as the outflow streak extended to six consecutive days. Crypto Briefing reported that the significant redemption marks a strategic reallocation of crypto assets, with investors shifting capital from Ethereum-based products toward Bitcoin ETFs.

BlackRock (BLK) shares closed at $1079.42 on October 6, 2026, after reaching a day high of $1086.45 and a low of $1069.42. The institutional exit from the Ethereum fund indicates weakening short-term sentiment for the asset, even as Bitcoin-linked products continue to attract capital in the current market environment.

Latest Updates · 1

  1. Notable·

    Update: BlackRock's Bitcoin ETF (IBIT) attracted $118.86 million in inflows on October 6, 2026. This capital injection returned U.S. Bitcoin ETFs to positive territory, highlighting the divergence in investor appetite between Bitcoin and Ethereum-linked products.

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