EL7.AI
CryptoMediumUpdated×2•Originally published 9 October 2026•Updated 10 October 2026•
1 min read

U.S. Spot Ether ETFs Hit Eighth Day of Outflows Amid Derivatives Selloff

Key Facts

1U.S. spot Ether ETFs recorded $72.5 million in net withdrawals on October 8.
2Ether saw its eighth consecutive day of outflows, leading a broader selloff in the derivatives market.

U.S. spot Ether exchange-traded funds recorded $72.5 million in net withdrawals on October 8, 2026. TokenPost reported that this marks the eighth consecutive day of outflows, which has triggered a broader selloff across the cryptocurrency derivatives market.

The price of Ether hovered near the $2,500 mark as persistent institutional outflows weighed on sentiment. According to TokenPost, total crypto long liquidations reached $1.04 billion, with Ether-specific liquidations accounting for $318.3 million as of the evening of October 8, 2026.

Latest Updates · 2

  1. Notable·

    Update: The withdrawal streak extended to a ninth consecutive day as U.S. spot Ether ETFs recorded an additional $56.10 million in net outflows. This continued trend further intensifies the liquidity pressures facing the digital asset in regulated markets.

  2. Notable·

    Update: Selling pressure extended to U.S. spot Bitcoin ETFs, which recorded net outflows of $244.13 million on October 8, 2026. Fidelity's FBTC fund led the decline, losing $197.09 million in liquidity on the same day.