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U.S. Ethereum spot ETFs see second day of net outflows, led by BlackRock's ETHA withdrawals.

Market News
28 Oct 2026, 10:40 WIB
Tokenpost
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Bearish
U.S. Ethereum spot ETFs see second day of net outflows, led by BlackRock's ETHA withdrawals.

U.S. Ethereum spot ETFs experienced net outflows for the second consecutive day, with total withdrawals easing by about 32% compared to the previous session. On October 27, 2026, net outflows reached $60.22 million, primarily driven by BlackRock's ETHA fund, which saw $93.28 million in withdrawals, outweighing inflows into Fidelity's FETH and Grayscale's ETH. Despite these outflows, cumulative net inflows for the market remain positive at $12.57 billion. Total trading volume was $392.33 million, and total net assets across these ETFs stood at $14.18 billion, representing roughly 4.95% of Ethereum's market cap. This trend indicates cautious investor sentiment but does not yet signal a major shift in Ethereum ETF demand.

Ethereum trades at Rp42,910,444 on Pluang with a 2.50% gain as of October 28, 2026, 15:02 WIB, showing resilience despite recent ETF outflows reported in the U.S. market. The platform sees a buy dominance at 62% with typical hold times around 108 days, indicating steady investor interest. Ethereum's market cap on Pluang is Rp5.221,81 trillion, highlighting its significant presence among retail investors.

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