Ether COT Report — Net Positioning
Ether futures · CME · CFTC contract code 146021
Latest positioning
Week ending 6 October 2026 · cut 459 on the week · open interest 27,681 (+289)
Net speculative position — last 52 weeks
The current reading sits in the 72th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 72% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.
All three cohorts
| Category | Net position | Week change |
|---|---|---|
| Large speculatorsFunds and managed money | +2,277 | -459 |
| CommercialsProducers, users and banks hedging physical exposure | -2,787 | +468 |
| Small tradersBelow the CFTC reporting threshold | +510 | — |
The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.
Weekly history
| Week ending | Specs net | Open interest |
|---|---|---|
| 6 Oct 2026 | +2,277 | 27,681 |
| 29 Sep 2026 | +2,736 | 27,392 |
| 22 Sep 2026 | +2,359 | 29,985 |
| 15 Sep 2026 | +3,155 | 28,413 |
| 8 Sep 2026 | +2,670 | 26,564 |
| 1 Sep 2026 | +1,613 | 24,619 |
| 25 Aug 2026 | +2,915 | 26,868 |
| 18 Aug 2026 | +4,333 | 22,684 |
| 11 Aug 2026 | +5,281 | 21,970 |
| 4 Aug 2026 | +5,073 | 20,431 |
| 28 Jul 2026 | +5,087 | 23,853 |
| 21 Jul 2026 | +3,915 | 23,667 |
| 14 Jul 2026 | +3,172 | 22,539 |
| 7 Jul 2026 | +3,908 | 21,746 |
| 30 Jun 2026 | +3,919 | 21,475 |
| 23 Jun 2026 | +3,911 | 26,007 |
| 16 Jun 2026 | +3,492 | 26,110 |
| 9 Jun 2026 | +3,782 | 25,138 |
| 2 Jun 2026 | +4,617 | 25,516 |
| 26 May 2026 | +4,558 | 30,856 |
| 19 May 2026 | +3,568 | 33,062 |
| 12 May 2026 | +436 | 31,749 |
| 5 May 2026 | +1,229 | 30,408 |
| 28 Apr 2026 | +2,541 | 27,777 |
| 21 Apr 2026 | +2,129 | 31,005 |
| 14 Apr 2026 | +1,566 | 34,354 |
| 7 Apr 2026 | +2,728 | 28,648 |
| 31 Mar 2026 | +2,899 | 28,463 |
| 24 Mar 2026 | +2,137 | 35,846 |
| 17 Mar 2026 | +2,147 | 38,577 |
| 10 Mar 2026 | +2,240 | 35,259 |
| 3 Mar 2026 | +2,314 | 34,357 |
| 24 Feb 2026 | +2,804 | 37,088 |
| 17 Feb 2026 | +3,250 | 33,154 |
| 10 Feb 2026 | +2,837 | 33,814 |
| 3 Feb 2026 | +2,355 | 33,723 |
| 27 Jan 2026 | +2,238 | 40,419 |
| 20 Jan 2026 | +2,657 | 36,570 |
| 13 Jan 2026 | +2,451 | 37,336 |
| 6 Jan 2026 | +2,049 | 37,920 |
| 30 Dec 2025 | +3,108 | 33,635 |
| 23 Dec 2025 | +3,065 | 39,065 |
| 16 Dec 2025 | +3,405 | 41,074 |
| 9 Dec 2025 | +2,891 | 42,332 |
| 2 Dec 2025 | +2,813 | 38,895 |
| 25 Nov 2025 | +2,940 | 41,364 |
| 18 Nov 2025 | +3,232 | 42,864 |
| 10 Nov 2025 | +4,029 | 43,217 |
| 4 Nov 2025 | +3,281 | 43,229 |
| 28 Oct 2025 | +3,632 | 53,183 |
| 21 Oct 2025 | +3,626 | 48,616 |
| 14 Oct 2025 | +3,382 | 45,830 |
Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.