U.S. Ethereum ETFs See $88.6 Million in Outflows on October 26

Key Facts

U.S. spot Ethereum ETFs recorded net outflows of $88.6 million on October 26, 2026, according to Farside Investors data. Negative flows continued over the next two sessions, with $60.2 million leaving on October 27 and $21.4 million on October 28. The figures follow an earlier wave of withdrawals during October, but do not by themselves establish the month’s total outflows or investors’ motives. Net outflows reached $110.6 million on October 22, after $129.5 million flowed out on October 14. These movements have put the trajectory of Ethereum funds in focus as the cryptocurrency’s price fell at month-end.

U.S. spot Ethereum ETFs recorded $542.1 million in net outflows during the week before a report published by The Block on October 10, the largest week of outflows since January, according to the report. The Block said the funds recorded outflows over 9 consecutive trading sessions, totaling $697.2 million, in a streak that began on September 29. The figures show withdrawals extending across more than one period, but do not establish that the flows recorded in recent days were part of the same streak. The data alone also do not allow the outflows to be attributed to a particular decision or investor group. The Block report had noted that the streak included consecutive sessions before its publication on October 10.

On monetary policy, the Federal Reserve kept its target interest-rate range at 3.75% to 4% on October 28, with the decision approved by a 10-to-2 vote. The Fed said economic activity "continues to expand at a solid pace," while "inflation remains elevated," and uncertainty remained elevated in part because of geopolitical developments. The decision provides a monetary-policy backdrop concurrent with crypto-asset movements, but does not establish that the rate hold caused Ethereum’s decline. The Fed’s message highlights persistent inflation and uncertainty alongside its assessment of economic activity, at a time when fund flows were moving out. The available information contains no reference by the Fed to Ethereum or the cryptocurrency market.

Ethereum closed at $2,359.68 on October 28 and then at $2,308.78 on October 29, according to EL7 data. In a separate reading at 5:02 a.m. on October 29, the Coinbase converter showed a price of $2,320.28 and said the cryptocurrency had fallen 5.15% over the previous seven days. The Coinbase reading differs from the daily close recorded by EL7 because it reflects a specific time during the day. Closing data show the price fell between October 28 and October 29, while the Coinbase reading reflects a broader weekly move. These readings alone are not enough to establish that October is the cryptocurrency’s worst month since 2018.