US-listed Ethereum exchange-traded funds registered $320.1 million in net outflows during the week of October 12–16, 2026, according to SoSoValue. BlackRock's iShares Ethereum Trust accounted for $299 million of those withdrawals, representing approximately 93% of the weekly total. The redemptions indicate weaker demand through these investment products, adding pressure to near-term sentiment. However, ETF flows alone do not establish how liquidity has changed across the wider Ethereum market. Despite the withdrawals, the technical forecast showed buyers maintaining control above several short-term trend indicators. Ethereum remains above Moving Averages On the hourly chart, ETH traded above its 20-period and 50-period moving averages. Ethereum remained above its daily 200-period moving average, providing some longer-term technical support.