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.