US Ether ETFs erase September gains after $1.08 billion in October outflows

US-listed Ether exchange-traded funds (ETFs) have seen an outflow of $1.08 billion this October, marking the biggest-ever monthly outflow in 2026 so far and wiping out the gains made in September. This leaves the Ether ETFs with marginal yearly gains, per SoSoValue data. Ether ETFs face worst month since November This monthly outflow has come to wipe out gains of around $832 million that the Ether funds saw in September, leaving the funds with net inflows of about $485 million this year. This is far less than what they had earlier this month. This marks the worst performance of these funds since November last year, and there are still eight trading days left before the end of the month.

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