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U.S. spot Ether ETFs see $21.4M outflow, led by BlackRock's $44.8M withdrawal on Oct. 28

29 Oct 2026, 08:14 WIB
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Bearish
U.S. spot Ether ETFs see $21.4M outflow, led by BlackRock's $44.8M withdrawal on Oct. 28

U.S. spot Ether (ETH) exchange-traded funds experienced a net outflow of $21.4 million on October 28, marking the third consecutive day of withdrawals. BlackRock's iShares Ethereum Trust led the outflows with $44.8 million withdrawn, while other funds like Fidelity Ethereum Fund and Grayscale Ethereum Mini Trust saw inflows. Despite some inflows totaling $23.4 million, they were outweighed by BlackRock's outflow. Over the past five trading sessions, these funds have seen a combined net outflow of $276.4 million, though cumulative net flow since launch remains positive at $12.58 billion. This trend highlights investor caution in the short term for Ether ETFs.

Following the recent net outflows from U.S. spot Ether ETFs, Ethereum on Pluang is trading at Rp42.464.121 as of Oct 29, 2026 12:21 WIB, showing a slight decline of 0.73% over the past day. The market cap stands at Rp5.112,98 trillion with a 24-hour trading volume of Rp189,48 trillion. Pluang users currently show a selling bias with 56% of orders as Sell and a typical hold time of 108 days.

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