Ether Slides to Lowest Since August, Down 16% in a Week

Ether slipped below $1,900 late Friday and was near $1,897 at 11:54 p.m. ET, down 16.1% over seven days, per CoinGecko. That is ether's lowest daily reading in CoinGecko's data since Aug. 17.

Bitcoin lost 12.2% over the same seven days, trading near $67,050, so ether has fallen further. The Defiant also reported ether's drop below $1,900 and its losses outpacing bitcoin.

Six days of fund exits, then a small inflow

U.S. spot ether ETFs posted net outflows in six straight sessions from Nov. 5 through Nov. 12, about $594 million in total, according to Farside Investors data. The worst day was Nov. 9, at $184.6 million.

Friday broke the run, barely. Farside's table shows a net inflow of $2.3 million: Fidelity's FETH took in $11.6 million while Grayscale's mini ether fund lost $9.3 million. BlackRock's ETHA, the biggest by flows, was listed at zero for the day.

How ETF flows touch the coin

A spot ether ETF holds real ether. When investors redeem more shares than are created, the fund gives back ether or sells it for cash, so a long run of outflows shrinks the ether those funds hold. Inflows work the other way. That makes the daily flow tally a public, dated measure of demand from investors who buy ether through a brokerage account instead of an exchange.

Even after the past week, investors have put a net $11.55 billion into U.S. spot ether ETFs since launch, Farside's totals show. Grayscale's older ETHE fund accounts for $5.53 billion of net outflows on its own.

Ether is now about 62% below its record of $4,946 set Aug. 24, 2025, per CoinGecko.

In our opinion: the six-day exit equals roughly 5% of the net money these funds have gathered since launch, which puts the selling in proportion. Friday's $2.3 million was the first net inflow since Nov. 4, small enough that one fund's day could undo it. The next real read is Monday's Farside tally, the first full flow day of the new week.