Ethereum price under pressure as ETF outflows reach 155.85 million USD
Published on 10/31/2026 at 07:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEthereum faces renewed selling pressure
- U.S. spot Ether ETFs recorded 155.85 million USD in net outflows on October 30, extending withdrawals to five consecutive trading days.
- Investing.com displayed Ethereum at 2,299.14 USD at 21:39:39 Berlin time, with a reported market capitalization of 282.70 billion USD.
- Developers postponed the Glamsterdam testnet activation after security concerns involving gas-pricing proposals EIP-8037 and EIP-8038.
- The 2,220 USD area remains a cited support level, while sustained ETF inflows and a confirmed upgrade date could improve the short-term setup.
The Ethereum price remains caught between persistent institutional selling and an unresolved network catalyst. Investing.com displayed ETH at 2,299.14 USD at 21:39:39 Berlin time, with a reported 24-hour volume of 11.27 billion USD, market capitalization of 282.70 billion USD and a circulating supply of 122.17 million ETH. The page listed Ethereum as the second-largest cryptocurrency by rank. The quote is a contemporaneous displayed market level, not a UTC daily close.
The immediate pressure point is the U.S. spot Ether ETF market. TokenPost, citing SoSoValue, reported net outflows of 155.85 million USD on October 30. Withdrawals continued for five trading days from October 26 through October 30, bringing cumulative net inflows since launch to 12.29 billion USD. BlackRock's ETHA accounted for 76.64 million USD of the latest outflow, while total trading volume across the funds reached 847.96 million USD.
ETF flows remain the key market signal
The latest data point extends a broader October reversal. A Yahoo Finance report published October 25 said Ether had fallen below 2,300 USD on October 24 and reached a monthly low of 2,276 USD. It also reported that cumulative spot Ether ETF inflows had declined from 13.96 billion USD on September 28 to 12.71 billion USD by October 22. Those figures describe earlier reporting dates and should not be confused with the 12.29 billion USD figure reported after October 30.
For investors, the ETF flow trend is more informative than a single intraday quote. Continued redemptions can indicate weaker demand from traditional market participants, although flow data alone does not establish a direct cause for every price move. The 2,220 USD level, identified in the Yahoo Finance analysis as the August 20 low, is a reference point for downside risk rather than a guaranteed floor.
Upgrade delay removes a near-term catalyst
Ethereum's next major upgrade, Glamsterdam, was scheduled for testing on the Hoodi network on October 26. Developers postponed the activation after ChainSecurity raised concerns about gas-pricing proposals EIP-8037 and EIP-8038, according to the same Yahoo Finance report. No replacement test date or mainnet date was confirmed in that report. The delay means investors have no fixed upgrade milestone to monitor while ETF withdrawals continue.
Market context: Ethereum is an open-source network for smart contracts and decentralized applications. The Ethereum Foundation's website listed network updates dated October 27 and October 28, including ENS V2 and ePBS-related material. These developments provide project context, but they do not by themselves establish a short-term price catalyst.
The relevant signals for the next phase are a shift from ETF outflows to sustained inflows, the ability of ETH to hold the 2,220 USD reference level and a confirmed schedule for Glamsterdam testing. Until those conditions improve, the Ethereum price remains exposed to further volatility. More coverage is available on the Ethereum topic page.
