Ethereum saw a significant shift in holdings as Blackrock, one of the largest asset managers, withdrew a substantial amount – $101 million – from its ETH-based exchange traded fund (ETF) on October 24th. This marked the largest single-day ETF outflow for Ethereum this month, contributing to an overall net outflows of $93.6 million across all Ethereum ETFs. While other issuers remained static, Grayscale reported a small inflow of $7.4 million. The timing and scale of these withdrawals suggest a strategic repositioning within institutional portfolios rather than a coordinated market sell-off. Binance witnessed a corresponding influx of 18,000 ETH on the same day, further suggesting a possible movement to exchanges from investors preparing for potential sales.