Spot Ethereum ETFs saw $60.3 million in net outflows on October 15, even with Ether holding near $2,430. BlackRock’s iShares Ethereum Trust made up the bulk of that move, with $44.4 million leaving in a single day. Spot Bitcoin ETFs, by contrast, added $5.1 million, marking a clear split between the two.

That combination matters because Ether stayed range-bound even as listed-fund demand weakened, with the heaviest selling concentrated in BlackRock’s product rather than spread across the market.

Ethereum ETF flows stay the pressure point after that $60.3 million net outflow, even if spot Ethereum steadies.