CryptoMedium•3 November 2026•
1 min read
BlackRock Ethereum ETF Outflows Hit $1.32 Billion as Prices Face Pressure
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 ETF (ETHA) recorded total outflows of 580,145 ETH over the past month. Invezz reported that these monthly withdrawals are valued at approximately $1.32 billion according to Lookonchain data, placing significant selling pressure on Ethereum 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. The weakening institutional demand has neutralized bullish momentum for the cryptocurrency, despite various efforts by the Ethereum Foundation to spur broader adoption.