Spot ether (ETH) exchange-traded funds (ETFs) recorded $542.1 million in net outflows last week, marking their worst performance since January. This extended a nine-day outflow streak, totaling $697.2 million, which began on September 29. The outflows were led by BlackRock's ETHA, the largest ether fund, which lost $477.0 million, the largest weekly outflow since mid-December 2025 and the third-largest since its launch in July 2024. Grayscale's ETHE followed with $31.9 million in outflows, contributing to the category's second consecutive losing week.
The outflows were most pronounced on Tuesday, with $201.9 million in redemptions, all from ETHA. This was the fund's largest single-day outflow since January 21. Despite the recent losses, ETHA still holds $8.64 billion in net assets, though this is $4.15 billion less than its cumulative net inflows since launch. The category's total net assets fell 10% over the week to $15.71 billion, with cumulative net inflows since launch standing at $13.26 billion.
Meanwhile, spot Solana (SOL) ETFs ended a record 14-week inflow streak, posting their largest weekly outflow since launch at $24.8 million. Bitwise's BSOL, the largest Solana fund, accounted for $20.9 million of the outflows, its largest weekly outflow on record. The reversal comes two weeks after the funds drew a record $188.2 million in weekly inflows. The Solana funds' net assets fell to $1.73 billion from $1.90 billion the previous week.
Bitcoin (BTC) ETFs also snapped a three-week inflow streak, losing $681.1 million last week. Wednesday accounted for most of the outflows, with $487.1 million leaving the funds. The category's 2026 net inflows fell to $494.1 million from $1.18 billion a week earlier. As of Saturday, ether traded near $2,506, SOL around $110.50, and bitcoin near $82,900.