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Ethereum ETFs Log Their Worst Month for Flows Since 2024 Launch

US spot Ethereum (ETH) exchange-traded funds (ETFs) misplaced $1.61 billion in October. That was their largest month-to-month outflow since launching in July 2024.

The exits ended a 3-month influx run and coincided with a 16.1% drop in ETH. That marked its weakest October since 2016, per CryptoRank.

Five Straight Losing Weeks Broke Ethereum’s 3-Month Inflow Run

October’s whole topped the earlier report of $1.42 billion, set in November 2025.

Weekly knowledge from SoSoValue exhibits outflows in all 5 weeks that ended throughout October. The heaviest week closed on October 9, when $542 million left the funds.

US Spot Ethereum ETF Weekly Net Flows. Source: SoSoValue

Before October, the funds had drawn a mixed $3.05 billion from July via September. Total internet belongings fell to $13.22 billion from $17.60 billion throughout October. Cumulative internet inflows slipped to $12.29 billion.

Solana funds hit a report of their very own. US spot Solana (SOL) ETFs misplaced $143.7 million in October, their largest month-to-month outflow since debuting in October 2025. Their solely different month-to-month outflow got here in June, at $786,577.

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Ethereum’s Coinbase Discount Hit an 8-Month Low, Then Eased

US demand additionally appeared delicate on spot exchanges. The Coinbase Premium Index fell to about -0.21 on October 29, its lowest studying since February.

Ethereum Coinbase Premium Index. Source: CryptoQuant

It has since recovered towards -0.13 however stays under zero. ETH trades at $2,293.80, up 1.26% over the previous 24 hours, per BeInCrypto Markets. It has gained 1.39% thus far in November, per CryptoRank.

Ethereum Price Performance. Source: BeInCrypto Markets

Ethereum Sits Just Under the Line Analysts Flagged

That value leaves ETH at a stage analysts flagged last week. More Crypto Online named a break under $2,295 because the set off for one other leg down.

It positioned assist between $2,207 and $1,725. ETH now trades slightly below that set off.

Ted Pillows named reclaiming $2,400 as the primary main signal of power. More Crypto Online’s bearish view holds whereas ETH stays under $2,522.

CryptoRank’s November knowledge factors in two instructions. ETH’s median November return is -1.90%, however the common is +4.04%.

Early November ETF flows and the Coinbase premium will present whether or not US demand returns after October’s report exits.

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The submit Ethereum ETFs Log Their Worst Month for Flows Since 2024 Launch appeared first on BeInCrypto.

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