BlackRock ether fund leads US spot crypto ETF outflows
Image: Bitcoin.com NewsUS spot crypto exchange-traded funds experienced renewed selling pressure. Ether funds recorded $85.4 million in net outflows on October 12. BlackRock's iShares Ethereum Trust accounted for $75.07 million of that total. Bitcoin exchange-traded funds also recorded $65.40 million in net outflows during the same session. Total assets under management for spot Ethereum funds stood at approximately $15.86 billion.
Key points
- US spot Ethereum ETFs lost $85.4 million in net redemptions.
- BlackRock's ETHA accounted for $75.07 million of the ether fund outflows.
Why it matters
Changes in fund flows reflect shifts in institutional exposure to major digital assets across regulated exchange-traded products.
Price context · ETH
At publication
$2,499.28
Now
$2,506.13
Change since
+0.27%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoin.com News
Tier 2
Blackrock Drives $150M Bitcoin, Ether ETF Selling
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Bitcoin.com News
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
