U.S. Ether funds post $155.7 million in outflows for fifth straight session
Key Facts
U.S. spot Ether funds recorded net outflows of $155.7 million in the October 30, 2026 session, according to Alpha Finance’s fund flow dashboard. The session extended the outflow streak to five consecutive trading sessions. Cumulative outflows over the seven sessions through that date reached $537.6 million. The largest daily withdrawal came from BlackRock’s ETHA, with outflows of $76.6 million. These figures reflect net creations and redemptions of fund shares during the session, while they do not by themselves identify the reasons for redemption requests or the direction of Ether’s price.
The October 30 session did not mark the start of the withdrawals; funds recorded net outflows of $88.6 million on October 26, $60.2 million on October 27, and $21.4 million on October 28. Net outflows then rose to $105.5 million on October 29, before reaching $155.7 million the following day. October 30 outflows were therefore larger than those in each of the four preceding individual sessions listed in the dashboard data. The weekly total of $537.6 million shows withdrawals continuing across the seven sessions through October 30. The consecutive daily streak extended to five trading days.
ETHA was the largest single source of daily outflows, with $76.6 million withdrawn on October 30. The fund had $8.61 billion in assets as of that date, equivalent to 59.6% of the net assets of the eleven spot Ether funds. Grayscale’s ETHE recorded outflows of $21.5 million, while BlackRock’s ETHB saw outflows of $19.5 million. These flows place different fund names among the withdrawals recorded in the session, with ETHA remaining the largest. The eleven funds’ total net assets stood at $14.44 billion.
The eleven funds collectively held 5,876,730 Ether as of October 30, equivalent to 4.81% of circulating supply. This percentage differs from a share of market capitalization; it measures holdings as a proportion of circulating supply. U.S. spot Ether funds began trading in July 2024, six months after spot Bitcoin funds began trading. Since then, their daily flows have become an indicator of net money entering or leaving the funds, while assets and holdings measure the scale of what the funds hold. The assets and holdings data provide a picture of the sector’s size alongside the current outflow streak.
In market moves, Ether fell below $2,350 on October 24, as leveraged bets worth more than $800 million were liquidated in cryptocurrency markets, according to Investing.com. The report cited Ether fund flows, oil prices and the Federal Reserve’s decision as factors that could affect the currency’s performance in November. It linked the possibility of an Ether recovery to stable fund flows and macroeconomic conditions. The report said: "If things go well with Wednesday’s Federal Reserve decision and oil prices, Ether could rebound quickly. If not, October’s trajectory suggests it could fall first." The assessment puts the flow trend and the upcoming decision among the factors investors are watching over the coming month.