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Ether ETFs hit nine-day outflow streak as Solana funds break a 14-week run

U.S. spot ether ETFs bled $542.1 million last week and Solana funds logged their first-ever losing week, as all three major crypto ETF categories posted net outflows totaling roughly $1.25 billion.

October 10, 2026·3 min readSourced · no paid placements

All three major U.S. spot crypto ETF categories bled cash last week, with ether funds doing the most damage, according to The Block, citing SoSoValue data.

Spot ether ETFs shed $542.1 million — their worst week since January and a second straight losing week — extending a daily outflow streak to nine consecutive sessions worth $697.2 million that began Sept. 29. BlackRock's ETHA drove it, losing $477.0 million, about 88% of the category, its largest weekly outflow since mid-December 2025. The heaviest single day was Tuesday's $201.9 million, all from ETHA — which happened to be the day the fund's 1-for-3 reverse share split took effect. Grayscale's ETHE was a distant second at $31.9 million.

Spot Solana ETFs lost $24.8 million, ending a 14-week inflow streak — the longest since the products launched in October 2025 — and marking their first negative week since late June. Bitwise's BSOL accounted for roughly 84% of the outflow at $20.9 million. The reversal landed just two weeks after Solana funds drew a record $188.2 million in a single week.

Spot bitcoin ETFs lost $681.1 million, snapping a three-week inflow run, with most of the damage ($487.1 million) on Wednesday before a modest $21.1 million return on Friday.

Key facts

  • Ether ETFs: –$542.1M for the week; nine-day streak worth $697.2M since Sept. 29 (The Block / SoSoValue).
  • ETHA: –$477.0M weekly, ~88% of ether outflows; –$201.9M Tuesday on its reverse-split day (SoSoValue).
  • Ether ETF net assets fell 10% to $15.71B; still +$931.8M for 2026, down from $1.47B a week earlier.
  • Solana ETFs: –$24.8M, largest weekly outflow since launch; BSOL –$20.9M. Net assets $1.73B, off a $1.96B record on Sept. 25.
  • Bitcoin ETFs: –$681.1M; 2026 net inflows cut to $494.1M from $1.18B. Net assets $105.84B.
  • Saturday prices: ETH ~$2,506, SOL ~$110.50, BTC ~$82,900.

The real-world read

The dramatic-sounding details deserve proportion. Solana's "largest outflow ever" is $24.8 million — roughly three times a prior record of $8.9 million, but trivial against the category's $1.73 billion in assets and its $188.2 million inflow two weeks earlier; this is a young, thin product, so records in both directions come cheap. On ether, ETHA's single worst day coincided exactly with its 1-for-3 reverse split taking effect — The Block notes the timing but does not assert causation, and reverse splits can mechanically disrupt a day's creation/redemption flow, so read that $201.9 million with care rather than as pure sentiment. One caveat on sourcing: this all traces to a single secondary outlet relaying SoSoValue's aggregated figures; no issuer filing or fund-level disclosure is cited to corroborate the daily splits independently. Bitcoin near $82,900 and ether near $2,500 is the backdrop the flows are reacting to.

This is news coverage, not investment advice.