Ethereum Fell 5% as Its ETF Comeback Lasted One Day. Is $2,000 Next?

Ethereum ETFs snapped a brutal losing streak with one promising day of inflows, then hemorrhaged five times that amount the very next session. With Ether sliding below key levels and its biggest corporate buyer nearly tapped out, a drop toward…

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U.S. Ethereum (CRYPTO:ETH) funds ended a streak of 10 sessions of outflows with a temporary inflow of about $24.8 million on October 13, 2026. However, this positive shift didn’t last long. The following day, on October 14, these spot exchange-traded funds—holding Ether directly and trading on stock markets—experienced outflows of around $129.5 million, according to data from SoSoValue. This Ethereum ETF outflow was more than five times greater than the previous inflow.

Ether is trading at approximately $2,365, down 5.8% in the last 24 hours and 6.8% over the past week. It reached a high of about $2,528 and a low of around $2,401 on October 14, but has since dipped below that low.

The next significant round number down is $2,000, which is about 15.4% below the current price. So, is Ethereum heading in that direction, or was the decline on October 14 just a fluke?