Ether ETFs Bleed for 10 Straight Sessions: $783M Out Since Sept. 29, Fund by Fund

US spot Ether ETFs recorded a 10th straight day of net outflows on Oct. 12, for a total of $782.8M since Sept. 29, led by BlackRock's ETHA. Relative to cumulative inflows, the streak is six times heavier than Bitcoin ETF outflows over the same days.

Oct 13, 2026 - 21:22

Updated: 15 days ago

Ether ETFs Bleed for 10 Straight Sessions: $783M Out Since Sept. 29, Fund by Fund

Comic-style illustration of a glossy Ethereum crystal above a cracked glass vault leaking violet coins down the steps of a stock exchange, with a Bitcoin coin standing still

Key takeaways

US spot Ether ETFs posted net outflows for a 10th consecutive session on October 12, 2026 (−$85.4 million), according to Farside Investors.
Since September 29 the streak adds up to −$782.8 million, an average of about $78 million a day.
BlackRock's ETHA accounts for $581.2 million, or 74% of the total.
Our calculation: the streak equals 5.9% of all net inflows into Ether ETFs since their July 2024 launch ($13.2 billion). Over the same 10 sessions, spot Bitcoin ETFs lost $534.2 million, only 0.9% of their cumulative $57.1 billion.
Ether fell about 6.7% over the period, from about $2,690 on September 29 to about $2,510 on the morning of October 13 (UTC), while Bitcoin was roughly flat (CoinGecko).

Follow the daily numbers in our Bitcoin and Ether ETF flows tracker. New to the topic? Read what spot crypto ETFs are and how their flows move prices.

Ten sessions of outflows, fund by fund

The table below uses Farside Investors' daily flow data in millions of US dollars. "Mini ETH" is Grayscale's lower-fee Ethereum Mini Trust; "Others" (Bitwise, VanEck, Invesco, Franklin, 21Shares, Morgan Stanley) are included in the total.

Session	ETHA (BlackRock)	FETH (Fidelity)	ETHE (Grayscale)	Mini ETH (Grayscale)	All Ether ETFs
Sep 29	−8.9	−6.7	0.0	+12.8	−2.8
Sep 30	0.0	−26.6	−7.5	−25.5	−59.6
Oct 1	0.0	−23.5	−20.4	+1.5	−55.4
Oct 2	−20.1	−17.3	0.0	0.0	−37.4
Oct 5	−31.9	−18.9	0.0	0.0	−50.8
Oct 6	−201.9	0.0	0.0	0.0	−201.9
Oct 7	−116.1	0.0	−25.8	−2.0	−160.9
Oct 8	−71.1	+5.5	−6.1	0.0	−72.5
Oct 9	−56.1	0.0	0.0	0.0	−56.1
Oct 12	−75.1	0.0	0.0	−10.3	−85.4
10 sessions	−581.2	−87.5	−59.8	−23.5	−782.8

Source: Farside Investors, Ethereum ETF flow (US$m), data as published on October 13, 2026. Totals calculated by BullishStation; the other issuers account for −$30.8 million. October 12 was a US bond-market holiday (Columbus Day) but equity markets were open; late issuer reports can revise the latest figures.

What makes this streak different (our analysis)

Sep 29 – Oct 12, 2026	Ether ETFs	Bitcoin ETFs
Net flows over the 10 sessions	−$782.8M	−$534.2M
Cumulative net flows since launch	$13,203M	$57,112M
Streak as a share of cumulative flows	5.9%	0.9%
Sessions with net outflows	10 of 10	5 of 10
Spot price change (CoinGecko)	≈ −6.7%	≈ 0%

Sources: Farside ETH, Farside BTC, CoinGecko. Ratios calculated by BullishStation.

Relative size matters more than the headline. In dollars, the Ether streak is not much larger than Bitcoin ETF outflows over the same days. Relative to the money each product has gathered since launch, it is about six times heavier.
It is persistent, not a single shock. Bitcoin ETF outflows were concentrated in two sessions (−$484.9 million on October 7 and −$244.1 million on October 8, see our October 7 outflow analysis), with inflow days in between. Ether funds have had no inflow day since September 28.
Price followed. Ether underperformed Bitcoin by about 6.7 points over the period and is down about 15% year to date (from about $2,970 on December 31, 2025), against about 6% for Bitcoin.

Why are Ether ETFs losing money?

Farside's data shows the flows, not who sells or why. Three factors are consistent with the numbers, but none can be confirmed from public flow data alone:

Higher yields. The 10-year Treasury yield closed at 5.24% on October 9 and Cleveland Fed President Beth Hammack argued for a restrictive stance on October 12 (our analysis of her speech and the yield curve). Higher risk-free returns usually hit higher-beta assets such as ETH first. Our guide on how Fed rates affect crypto explains the mechanism.
Relative positioning. When investors cut crypto exposure, the second-largest asset is often trimmed before Bitcoin, which many allocators treat as the core holding.
Ethereum-specific narrative. Debate over the network's roadmap and value capture by layer 2s continues; see Buterin's Lean Ethereum roadmap and our explainer on Ethereum layer 1 and layer 2.

What to watch next

October 13–14 (Farside update): a first inflow day would end the streak; an 11th outflow would extend it.
October 14, 8:30 a.m. ET: US September CPI. Our CPI and crypto tracker will be updated the same day.
October 28, 2:00 p.m. ET: FOMC decision (Federal Reserve calendar), tracked in our Fed rate decisions tracker.

FAQ

How long is the current Ether ETF outflow streak?

Ten consecutive US trading sessions, from September 29 to October 12, 2026, for a total of −$782.8 million according to Farside Investors.

Which Ether ETF lost the most?

BlackRock's iShares Ethereum Trust (ETHA), with −$581.2 million over the streak, including −$201.9 million on October 6 alone.

Are Ether ETFs still positive since launch?

Yes. Cumulative net inflows stood at about $13.2 billion after October 12, despite about $5.5 billion of net outflows from Grayscale's ETHE since its conversion.

Do ETF outflows mean people are selling ETH?

Redemptions mean the funds' shares are being redeemed, so the issuer typically delivers or sells the underlying ETH through authorized participants. It does not tell us whether the end investor is exiting crypto or switching products.

Sources

Latest data: ETH/BTC falls to its weakest level since August as Ether ETF outflows reach $885M in October (Oct. 16, 2026)

This article is for information only and is not investment advice. Crypto assets are volatile and you can lose all the money you invest. Data as of October 13, 2026, 09:20 UTC.