CryptoMediumUpdated•Originally published 3 November 2026•Updated 4 November 2026•
1 min read
BlackRock Ethereum ETF Outflows Accelerate with $138 Million Single-Day Exit
Key Facts
1BlackRock's iShares Ethereum Trust ETF (ETHA) recorded total outflows of 580,145 ETH over the past month.
2The monthly withdrawals from the investment product are valued at approximately $1.32 billion according to Lookonchain data.
BlackRock's iShares Ethereum Trust (ETHA) recorded net outflows of $138 million on November 2, 2026. According to Lookonchain data reported by Invezz, the fund accounted for nearly the entire $139.7 million in net outflows seen across all U.S. spot Ethereum ETFs during that session.
These movements brought total monthly withdrawals from the trust to 580,145 ETH, valued at approximately $1.32 billion, maintaining downward pressure toward the $2,200 level. BlackRock (BLK) closed at $1167.15 on November 2, 2026, while the ETHA ETF closed at $50.74 on the same date, as weakening institutional demand persists despite Ethereum Foundation adoption initiatives.