US spot Ethereum ETFs log record 23-day net outflow streak

Investors pulled over $1 billion from the funds in October even as on-chain staking kept setting records US spot Ethereum ETFs just finished a month they would probably like to forget. The funds logged 23 consecutive trading days of net outflows, the longest losing streak since they launched in July 2024, according to on-chain analytics firm Glassnode. The run stretched through October 30, 2026. That is roughly a full month of investors heading for the exits with no single day of net buying to break the pattern. The timing makes it stranger. While ETF holders were pulling money out, Ethereum staking activity on-chain kept climbing to record levels. Two groups of Ethereum investors appear to be reading the same asset in very different ways.

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