Ethereum ETFs Log Their Worst Month for Flows Since 2024 Launch

Crypto Insight Summary: US spot Ethereum (ETH) exchange-traded funds (ETFs) lost $1.61 billion in October. That was their largest monthly outflow since launching in July 2024. The exits ended a 3-month inflow 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 Crypto Insight Analysis: Direction: Bearish ETH Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: Record ETF outflows and a 16.1% monthly drop signal weakening institutional demand and risk-off pressure.