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US Crypto ETF Outflows Slowed to $610.7 Million as Ethereum Redemptions Led Losses

Weekly net outflows across US crypto exchange-traded funds dropped by over 50%, with Ethereum products outpacing Bitcoin in total capital redemptions.

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United States cryptocurrency exchange-traded funds registered net outflows of $610.7 million during the trading week of October 12 to 16, 2026, according to aggregated data from Farside Investors. Total weekly redemptions decreased by 52.5% compared to the prior week, which had seen $1.2863 billion leave the market.

Ethereum funds accounted for the majority of the losses, shedding $320.1 million and surpassing the outflows recorded by Bitcoin products over the same timeframe. The price of Ethereum slipped approximately 3.6% over seven days to trade around $2,422.

The withdrawals from Ethereum funds were heavily concentrated in a single vehicle. BlackRock's iShares Ethereum Trust accounted for $299 million, or 93.4% of all net outflows from the category. Among other issuers, Grayscale's Ethereum Trust lost $18.3 million, its Mini Trust lost $12.4 million, and Franklin Templeton saw $0.9 million in redemptions, while Fidelity's fund bucked the trend by attracting $10.5 million.

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