Electrification of adsorption processes is emerging as an adaptable solution for future gas separations. This study develops magnetic sorbent structures for use in induction vacuum swing adsorption (IVSA) process specifically designed for olefin/paraffin separation. Two sorbents, namely Fe3O4/ZIF‐7 (ethane‐selective) and Fe3O4/13X (ethylene‐selective) were developed and formulated into extrudates (Fe20/ZIF‐7‐P) and monoliths (Fe20/13X‐M), and tested under different regeneration scenarios, including simultaneous and subsequent induction‐evacuation, induction only, and evacuation only. The dynamic adsorption results demonstrated that regeneration under subsequent induction‐evacuation improves desorption rate and capability. Under this regeneration scenario, Fe20/ZIF‐7‐P achieved an ethane desorption rate of 0.24 mmol/g.min, representing a remarkable 37.5% enhancement over the induction‐only scenario. Similarly, Fe20/13X‐M exhibited an ethylene desorption rate of 0.35 mmol/g.min, indicative of a 34.2% enhancement. Moreover, the IVSA cyclic runs highlighted the excellent regeneration capability and stability of both Fe20/ZIF‐7‐P and Fe20/13X‐M with Fe20/13X‐M exhibiting ethylene purity, recovery, and productivity of 99.4%, 99.6%, and 39.9 mol/kg.h, respectively. Overall, these findings underscore the potential of the hybrid induction/vacuum process as an effective technique for achieving efficient regeneration of sorbents in olefin/paraffin separation.