Ethereum ETF redemptions hit $85.4M as outflows stretch to nine days

BlackRock’s iShares Ethereum Trust dominated Ethereum ETF redemptions on October 12, 2026, as clients withdrew $75.07 million worth of Ethereum. The selling extended a sustained run of withdrawals from US spot Ethereum funds, with most of the money leaving BlackRock’s product. Key takeaways US spot Ethereum ETFs lost $85.4 million on October 12, 2026. ETHA represented about 88% of the preceding week’s redemptions. Ethereum ETF withdrawals reached nine consecutive days. According to Crypto Briefing , net withdrawals across US spot Ethereum ETFs reached $85.4 million that day. BlackRock’s fund, traded under the ticker ETHA, accounted for most of that total.