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BlackRock's Ethereum fund sees $1.32B outflows in a month, dominating withdrawals in the sector.

02 Nov 2026, 17:03 WIB
Crypto news
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Bearish
BlackRock's Ethereum fund sees $1.32B outflows in a month, dominating withdrawals in the sector.

BlackRock's Ethereum investment product experienced significant outflows totaling 580,145 ETH, worth about $1.32 billion over the past month, according to Lookonchain. These withdrawals accounted for nearly 77% of daily Ether outflows among tracked funds, highlighting investor pullback from BlackRock's ETHA. Despite this, Fidelity attracted 27,067 ETH in the same period, partially offsetting the sector-wide withdrawals. The sustained outflows from BlackRock's ETHA, which holds over 56% of Ethereum ETF assets tracked, suggest a notable shift in investor sentiment within the Ethereum ETF market.

BlackRock's Ethereum fund outflows provide context for cryptocurrency market trends. For readers following major cryptocurrencies on Pluang, as of Nov 02, 2026 22:01 WIB, 6 out of 50 major cryptocurrencies rose while 43 fell. Notable movers include THETA at Rp2.779 with a 3.94% decline and 61% sell order activity, YFI at Rp35,420,568 down 3.75% with 73% sell orders, and LUNC at Rp0.759 down 3.37% with nearly balanced sell/buy activity. The most notable figure is YFI's 73% sell order activity.

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