US spot Ethereum ETFs see $1B outflows in October despite record on-chain staking
In October 2026, US spot Ethereum ETFs experienced over $1 billion in net outflows, marking the longest streak of daily withdrawals since their 2024 launch. This occurred even as on-chain Ethereum staking reached record levels, indicating differing investor approaches to the asset. BlackRock's iShares Ethereum Trust led the outflows, contributing nearly half of the October 30 redemptions. Despite the outflows, total net assets in these ETFs remain strong at about $13.22 billion, and Ethereum's price held steady between $2,200 and $2,500, showing the market's resilience to ETF selling pressure.
Ethereum's market cap on Pluang stands at Rp4.997,51 trillion as of Nov 01, 2026, with a 24-hour trading volume of Rp76,91 trillion. Despite the US spot Ethereum ETFs facing significant outflows, Ethereum's price on Pluang shows resilience, trading at Rp40.908.371 with a slight 0.39% increase in the last day. The typical hold time of 108 days and a buy order activity of 62% indicate steady investor interest on the platform.
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