Key facts: $320M ETF Outflows; CFTC Eases; Analyst Sees Weakness
Spot Ethereum ETF flows saw $320.1M net outflows the week of Oct 12–16, 2026; iShares accounted for ~$299M. Total ETF assets fell below $15B, lowest since late August.Grayscale said the CFTC eased rules on crypto derivatives use for hedging and carry trades, impacting ETHUSD spot and related futures by altering regulatory access and treatment.Analyst sees near-term weakness for ETHUSD, expects weekly close below $2,450, notes support near $2,357 and resistance around $2,802; mentions long-term value for patient buyers.ETHUSD stayed above hourly 20- and 50-period moving averages and above the daily 200-period MA, showing short-term support despite ETF outflows; intraday averages below price, daily support intact.Analyst Michaël van de Poppe says ETHUSD is rangebound ahead of mid‑late October, noting a possible bullish divergence; breakout above key resistance needed to confirm upside, dips may offer buys.ETHUSD underperformed Bitcoin in October as ETH/BTC fell toward 0.0294 BTC and drifted lower, with retail indicators showing broadly bearish sentiment.Grayscale highlighted perpetual futures and its Hyperliquid ETF as sources of demand for advanced derivatives exposure relevant to Ethereum vs US Dollar spot CFD (ETHUSD).Analyst from Milk Road flags Ethereum (ETHUSD) as a potential outperformer through 2026, citing improved market structure, rising institutional flows and growing AI-blockchain ties.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.