🚨 $ETH FUNDS JUST BLED 1.2 BILLION USD IN OCTOBER — the worst month of 2026. And its biggest buyer is almost done buying. 👀
Spot ether ETFs pulled money on nearly every trading day this month, per Unchained's Friday breakdown of SoSoValue/Farside data.
Here's what the data shows:
📉 1.2 BILLION USD out of $ETH ETFs in October — after 2.7 BILLION USD of inflows in August and September. A 3.9 BILLION USD swing in one quarter.
📊 $ETH has traded under 2,500 USD all month. It's sitting near 2,384 USD — roughly 11% below October's open.
💧 Bitmine is only ~66,000 ETH short of its 5% treasury goal — and the network issues ~20,000 new ETH every week. Once the biggest buyer stops, someone else has to absorb that supply.
ETF flows quietly decide who buys the new coins — the price follows the money, not the headlines. Meanwhile $BTC ETFs printed a barely-green Friday (4.2 MILLION USD) after Thursday's 635.6 MILLION USD bleed.
With the Fed meeting three days out, every flow number counts double. Will November flows save $ETH, or is this sell pressure just getting started? 👇
Not financial advice — educational purposes only.
#Ethereum #Bitcoin #crypto #ETFs
Spot ether ETFs pulled money on nearly every trading day this month, per Unchained's Friday breakdown of SoSoValue/Farside data.
Here's what the data shows:
📉 1.2 BILLION USD out of $ETH ETFs in October — after 2.7 BILLION USD of inflows in August and September. A 3.9 BILLION USD swing in one quarter.
📊 $ETH has traded under 2,500 USD all month. It's sitting near 2,384 USD — roughly 11% below October's open.
💧 Bitmine is only ~66,000 ETH short of its 5% treasury goal — and the network issues ~20,000 new ETH every week. Once the biggest buyer stops, someone else has to absorb that supply.
ETF flows quietly decide who buys the new coins — the price follows the money, not the headlines. Meanwhile $BTC ETFs printed a barely-green Friday (4.2 MILLION USD) after Thursday's 635.6 MILLION USD bleed.
With the Fed meeting three days out, every flow number counts double. Will November flows save $ETH, or is this sell pressure just getting started? 👇
Not financial advice — educational purposes only.
#Ethereum #Bitcoin #crypto #ETFs