Ethereum spot ETFs in the United States have now posted money outflows for ten days in a row. On Monday, October 12, the funds lost about $85.4 million in one day, showing that big investors are still pulling money out of Ethereum products.
BlackRock led the exit. Its Ethereum fund ETHA saw about $75.1 million leave in a single day, the biggest outflow among all the Ethereum ETFs. Grayscale's Ethereum Mini Trust was next, with about $10.3 million in outflows. Together, these two funds made up almost the full day's loss.
Even after this long losing streak, the Ethereum ETF market is still large. The funds hold about $15.86 billion in total assets, which is about 5.15% of Ethereum's total market value. Since launch, they have still taken in about $13.17 billion in net inflows, so the long-term picture is not fully negative.
The weak flows come at a nervous time for traders. Ether is trading near $2,530 and is down over the past week, while Bitcoin is holding above $83,000. Many traders are waiting for the US inflation report due on October 14, which could change expectations for the Federal Reserve's next rate decision.
For traders, the message is clear: institutional demand for Ethereum is cooling right now, even while some buyers are still active in Bitcoin. If the outflow streak breaks in the coming days, it could be an early sign that confidence is returning. Until then, expect careful, news-driven trading in ETH.
This post is news only, not financial advice. Always do your own research before buying or selling crypto.
Sources: PANews, SoSoValue, CoinDesk, Gadgets 360
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