Hoodi testnet upgrade on October 26, 2026: What it means for the Ethereum price

Published on 10/20/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Spot Ether ETFs lost 69.7 million USD on October 16. Ethereum price is 2,335.09 USD on October 20, 2026, down 3.45 percent.

ETF outflow on October 16, 2026

Ethereum developers scheduled a 200 million gas-limit Hoodi activation for October 26, 2026.
U.S. spot Ether ETFs recorded a 69.7 million USD net outflow on October 16, 2026.
The Ethereum price stands at 2,335.09 USD as of October 20, 2026, 3.45 percent below the UTC daily close of October 15, 2026.
Circulating supply stands at 122.15 million ETH.

Ethereum, XCCRYPTOETH3, Illustration mit AI erstellt.

Ethereum (ETH) has a scheduled Hoodi testnet activation on October 26, 2026, a network milestone for the Ethereum price. The Ethereum Foundation set the activation for 17:42:48 UTC and paired it with a 200 million gas limit, according to Ethereum Foundation.

Hoodi testnet sets a 200 million gas limit

The October 26, 2026, event is the Hoodi stage of Glamsterdam, an Ethereum network upgrade being tested before any mainnet deployment. The upgrade includes enshrined proposer-builder separation, block-level access lists and changes to gas pricing, according to the Ethereum Foundation. Ethereum's base network is called Layer 1, distinguishing it from secondary networks that process transactions away from the main chain.

The same announcement sets Hoodi at epoch 132,352 and slot 4,235,264 on October 26, 2026. It also states that the mainnet activation date has not been decided, so the scheduled date applies to the testnet rather than to Ethereum users on mainnet.

Spot Ether ETFs post a 69.7 million outflow

U.S. spot Ether ETFs recorded a net outflow of 69.7 million USD on October 16, 2026, according to Satoshi Macro, which identifies Farside Investors as the source of the daily flow table. The figure measures creations and redemptions of fund shares, not the change in the funds' net assets.

The preceding sessions also showed mixed demand. Spot Ether ETFs recorded a 24.84 million USD net inflow on October 13, 2026, according to TokenPost. They then recorded a 60.22 million USD net outflow on October 15, 2026, according to TokenPost.

Ethereum price data show a 289.00 billion market cap

According to Investing.com, the Ethereum price is 2,335.09 USD as of October 20, 2026, down 3.45 percent compared with the UTC daily close of October 15, 2026. The daily high is 2,429.82 USD and the daily low (UTC day) is 2,334.78 USD. Market capitalization is 289.00 billion USD, rank 2, and 24-hour volume is 6.93 billion USD. Circulating supply is 122.15 million ETH.