Quick Read

• Ethereum ETF outflows hit $1.1 billion over three weeks, with BlackRock’s ETHA alone accounting for 93% of total withdrawals.

• Three forces drove the exodus: staking-yield competition, ETH’s 11.5% October price drop, and a delayed Glamsterdam network upgrade.

• Coinbase reported an 18.5% year-over-year revenue drop to $1.22 billion in Q2 2026, with executives citing ETF outflows as a contributing factor.

• It sounds nuts, but SoFi is giving new Active Invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Investors have pulled about $1.1 billion from U.S. spot Ether (CRYPTO: ETH) ETFs over the…