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Ethereum ETFs face $1B outflows in October amid price drops and blockchain disruptions.

Market News
01 Nov 2026, 11:00 WIB
AMBCrypto
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Bearish
Ethereum ETFs face $1B outflows in October amid price drops and blockchain disruptions.

Ethereum ETFs have seen over 23 weeks of continuous outflows, with institutional investors withdrawing more than $1 billion in October alone. This decline in demand coincides with Ethereum's price falling from nearly $2,700 to around $2,300. Additionally, a blockchain reorganization caused a 10 ETH double refund on THORChain, disrupting cross-chain swaps and delaying transactions across 12 supported chains. Without renewed institutional interest and improved transaction security, Ethereum's price recovery remains uncertain.

Ethereum trades at Rp41.199.672 on Pluang as of Nov 01, 2026 16:21 WIB, showing a modest 1.36% gain in the last day despite ongoing institutional outflows highlighted in the news. The platform records a market cap of Rp4.978,34 trillion and a 24-hour trading volume of Rp76,7 trillion, with buyers currently outnumbering sellers at 62% to 38%. This activity suggests continued retail interest even as institutional sentiment remains challenged.

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