Addresses associated with BlackRock ETFs recorded 580,145 ETH of outflows over the past month, valued at about $1.32 billion, according to Lookonchain monitoring cited by BlockBeats.
Flow data offers a limited signal
The report described the outflows as continuous during the month but did not identify a reason for the transfers or say whether they represented investor redemptions, custody movements or other activity.
The figures are an on-chain monitoring snapshot and the dollar value is approximate and time-sensitive. They do not by themselves establish BlackRock’s investment view or predict Ethereum’s next move.
Source: BlockBeats English report citing Lookonchain, published Nov. 2, 2026, at 13:38 UTC. Chinese source.