BlackRock Leads $259.5M Outflows from Ethereum ETFs Over Three Days

Key Facts

1Ethereum ETFs recorded $259.5 million in withdrawals over three trading sessions.

2BlackRock led the outflows with $223.9 million withdrawn from its specific ETF.

Ethereum ETFs recorded $259.5 million in net withdrawals over three consecutive trading sessions according to coinpaper.com. BlackRock led the outflows with $223.9 million withdrawn from its iShares Ethereum Trust, representing the vast majority of the selling pressure observed in the spot ETF market.

The withdrawals coincided with Ethereum testing critical support levels near $2,400, while BlackRock (BLK) stock closed at $1,134.38 on October 16, 2026. Analyst Alejandro Arrieche noted that a decisive loss of the $2,400 level could expose the asset to further selling, as BLK shares traded between a low of $1,119.58 and a high of $1,149.90 during the October 16 session.