BlackRock’s ETHA Logged $1.42 Billion in October Ether (ETH) ETF Net Outflows

BlackRock’s iShares Ethereum Trust ETF (ETHA) recorded about $1.4205 billion in net outflows from Oct. 1-30, accounting for 88.4% of the $1.6072 billion in combined net outflows from listed Ether (ETH) ETFs.

The figures are calculated from rounded daily flow entries for October trading sessions. They are net fund-flow totals, not gross withdrawals. ETHA’s 88.4% share compares its net outflows with the listed funds’ combined net outflows.

Transfers out of addresses labeled as BlackRock-linked totaled 580,145 ETH, valued at about $1.32 billion, over the preceding month. It does not establish that ETHA investors redeemed shares or that the trust sold Ether on the open market.

The two measurements use different units and periods: dollars in net fund flows across October trading sessions versus Ether transfers from labeled addresses over an unspecified past-month window. The $1.32 billion valuation is not a second calculation of ETHA’s redemptions. Wallet labels alone do not identify the wallets’ purpose.

ETHA shares trade on Nasdaq under the ticker ETHA, while fund-level redemptions follow a separate process. Only authorized participants can redeem shares, in baskets of 40,000, and redemptions may be settled in Ether or cash. The trust may also hold assets in Coinbase Prime trading balances represented by claims across omnibus wallets and exchange accounts. Movements between labeled addresses alone therefore do not identify a redemption or sale.

The October total includes the late-month trading sessions, when U.S. spot Ether ETFs posted a $156 million net outflow on Oct. 30.