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Ethereum rebounds above $2,250 amid heavy ETF outflows, eyes $2,400 recovery in November

01 Nov 2026, 20:59 WIB
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Ethereum rebounds above $2,250 amid heavy ETF outflows, eyes $2,400 recovery in November

Ethereum is recovering above $2,250 after a sharp decline in late October, despite $431 million in institutional ETF withdrawals. The cryptocurrency faces key resistance levels at $2,300 and $2,400, with a sustained breakout potentially pushing prices toward $2,500. Investors are also watching the upcoming Glamsterdam upgrade, which aims to improve network efficiency. Institutional adoption continues to grow, with new staking options available through brokers like Interactive Brokers.

Ethereum price prediction is the subject, with institutional ETF withdrawals of $431 million noted. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 02, 2026 01:41 WIB: out of 50 major cryptocurrencies, 20 rose and 29 fell today. Notable movers include CRV at Rp5.081 with a 1-day change of -2.94% and a typical hold time of 62 days, ONE at Rp21 with a 1-day change of -2.64% and a typical hold time of 154 days, and THETA at Rp2.866 with a 1-day change of -2.45% and a typical hold time of 78 days.

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