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Ethereum falls 16% in October as US ETH ETFs see record $1.61B outflows, led by BlackRock's $1.42B withdrawals.

01 Nov 2026, 20:12 WIB
Cointribune
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Bearish
Ethereum falls 16% in October as US ETH ETFs see record $1.61B outflows, led by BlackRock's $1.42B withdrawals.

Ethereum's price dropped 16.06% in October 2026 after three months of gains, closing around $2,250. US spot Ethereum ETFs experienced a historic $1.61 billion in net outflows, mainly from BlackRock's ETHA fund with $1.42 billion withdrawn. This decline coincided with broader market concerns including a Binance hack and slowing institutional purchases. November's market will be closely watched to see if investor confidence and ETF inflows recover.

Ethereum's recent market turbulence follows a record $1.61 billion outflow from US spot Ethereum ETFs, notably $1.42 billion from BlackRock's ETHA fund. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 02, 2026 00:41 WIB: among 50 major cryptocurrencies, 22 rose and 26 fell today. Notable movers include Balancer (BAL) up 11.14% at Rp16.297, EOS.IO (EOS) up 8.13% at Rp12.649, and Yearn (YFI) up 6.40% at Rp36.800.185 with a typical hold time of 94 days and Pluang order activity showing 73% sell versus 27% buy.

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