TREE NEWS reports: Spot ether ETFs are on track for their worst month of 2026, with $1.2 billion in outflows in October, as Bitmine Immersion Technologies also pulls back from building its ether treasury. The two sources of demand had driven much of ETH’s demand this year and are now retreating simultaneously.
Spot Ether ETFs Post Worst Month of 2026 as Bitmine Pulls Back
The significance here is the timing: two demand sources that had been doing much of the heavy lifting for ETH this year are stepping back at once, which turns a single weak month into a question about the durability of the whole bid. It matters most for anyone treating ETF flows and corporate treasury buying as a stable floor under ether. What's worth watching is whether this is a synchronized pause or the start of a longer unwind — the overlap, not the outflow figure itself, is the story.
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