BlackRock

Ethereum ETFs reversed to $14.9 million in net inflows on October 21 after two negative sessions. Explore issuer divergence, staking-fee math, fund liquidity and the limits of using ETF flows as ETH price signals.

Why October Ethereum ETF outflow headlines require a closer look at fund creations, corporate actions and the ETHA reverse split—and what flows can and cannot say about ETH.