Ethereum Price Holds $2,700 Despite $155M ETF Outflows in 4 Days, Glamsterdam Testnet Nears

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, traded at $2,716.23 on Monday, 5 October, up 0.6% over the previous 24 hours. The worth held regular at the same time as U.S. spot Ether exchange-traded funds (ETFs) recorded a fourth consecutive session of web outflows of their newest reported information, and as new analysis confirmed that ETH buying and selling books on main exchanges stay thinner than Bitcoin’s.

Ethereum Value Right this moment: ETH Trades in a Slim Vary

In line with CoinGecko’s Ethereum value information, ETH moved between $2,692.54 and $2,736.97 over the previous 24 hours, a vary of about $44. Its market capitalization, which is the token value multiplied by the variety of cash in circulation, stood at $331.68 billion.

Absolutely diluted valuation (FDV), which values a token’s complete provide on the present value, was additionally $331.68 billion. The 2 figures are the identical as a result of Ethereum has no mounted most provide, and its complete provide of about 122.108 million ETH is already in circulation.

Buying and selling quantity over the previous 24 hours reached about $9.41 billion. Measured towards Bitcoin, ETH traded at 0.03164 BTC, down 0.1% on the day, which suggests Ethereum barely lagged Bitcoin over the identical interval.

Within the derivatives market, CoinGecko information confirmed about $46.94 billion in open curiosity on ETH perpetual futures. Perpetual futures are contracts that allow merchants wager on value strikes with out an expiry date, and open curiosity is the entire worth of these contracts that stay open. CoinGecko additionally lists complete treasury holdings of 8,014,656 ETH held by firms and different entities that preserve Ether on their stability sheets.

Spot Ether ETF Outflows Lengthen to 4 Straight Periods

A spot Ether ETF is a fund that holds precise ETH and trades on U.S. inventory exchanges, giving traders value publicity with out shopping for the token straight. Information from SoSoValue’s U.S. spot Ethereum ETF dashboard present web outflows in every of the final 4 accomplished buying and selling classes:

• 29 September: about $2.81 million
• 30 September: about $59.58 million
• 1 October: about $55.37 million
• 2 October: about $37.36 million

That provides as much as roughly $155.12 million in web outflows throughout the 4 classes. On 2 October, BlackRock’s iShares Ethereum Belief (ETHA) noticed about $20.10 million in web outflows, whereas the Constancy Ethereum Fund (FETH) recorded about $17.25 million. Collectively, the 2 funds accounted for almost all of that day’s withdrawals.

Regardless of the streak, SoSoValue figures present the U.S. spot Ether ETFs nonetheless maintain about $13.80 billion in cumulative web inflows since launch, with complete web belongings of about $17.46 billion. Circulation information for Monday’s session had not been printed on the time of writing.

ETH Liquidity Stays Thinner Than Bitcoin’s

Order-book depth measures how a lot shopping for and promoting curiosity sits near the present market value. Deeper books can take in bigger trades with smaller value strikes.

CoinGecko’s 2026 Crypto Liquidity on CEXes report measured median day by day order-book depth on eight main centralized exchanges (CEXs), that are buying and selling platforms run by an organization, from early July to early September. Inside about 0.15% of the mid-price, which is the midpoint between the very best purchase and promote gives, ETH depth was about $13 million to $14 million. That equals roughly 35% to 45% of Bitcoin’s depth in the identical band, in contrast with at the very least 60% a yr earlier.

Bitcoin’s median depth within the research was about $29 million on the bid (purchase) aspect and $37 million on the ask (promote) aspect. Most exchanges nonetheless confirmed greater than $1 million of ETH depth on both sides, so smaller trades are simply absorbed. Nevertheless, a thinner e book means a big order of the identical greenback measurement can transfer ETH’s value additional than it might transfer Bitcoin’s.

For a wider view of the degrees merchants are watching this month, see Crypto Occasions’ Ethereum price prediction for October 2026.

Upcoming Ethereum and Market Occasions This Week

Glamsterdam on Sepolia (6 October): The Ethereum Basis’s Protocol staff has scheduled the Glamsterdam community improve to activate on the Sepolia testnet at 13:53:36 UTC (7:23 PM IST) on 6 October, at epoch 353,024. A testnet is a observe community the place builders trial modifications utilizing tokens with no actual worth earlier than they attain the primary Ethereum community.

Glamsterdam introduces enshrined proposer-builder separation (ePBS), which builds the break up between the events that assemble blocks and the validators that suggest them straight into the protocol. It additionally provides block-level entry lists, a document of what every block touches that permits components of transaction processing to run in parallel. Dates for the Hoodi testnet and mainnet activation haven’t but been determined. Crypto Occasions earlier reported the Glamsterdam Sepolia activation schedule intimately.

FOMC minutes (7 October): The U.S. Federal Reserve is scheduled to launch the minutes of its 15 and 16 September Federal Open Market Committee (FOMC) assembly on 7 October at 2:00 PM Japanese Time (11:30 PM IST). The FOMC is the Fed committee that units U.S. rates of interest, and its minutes give an in depth account of policymakers’ discussions. Different key dates are coated in Crypto Occasions’ crypto week ahead roundup.

Ethereum Market Replace: The place ETH Stands

Ethereum is buying and selling close to $2,716, inside a 24-hour vary of $2,692 to $2,737, after U.S. spot Ether ETFs noticed about $155 million depart over 4 classes. Trade information present ETH order books carrying much less depth relative to Bitcoin than a yr in the past, whereas the Glamsterdam testnet activation and the FOMC minutes are the subsequent scheduled occasions on the calendar.

Additionally Learn: Bitcoin’s Hold Near $86,000 Builds Tension as It Fails to Clear Resistance 

Disclaimer: The data researched and reported by The Crypto Occasions is for informational functions solely and isn’t an alternative choice to skilled monetary recommendation. Investing in crypto belongings entails vital danger on account of market volatility. All the time Do Your Personal Analysis (DYOR) and seek the advice of with a professional Monetary Advisor earlier than making any funding selections.