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Speculators low
Leveraged funds: lower part of the 3-year range
COT positioning analysis

Micro Ether COT report positioning analysis.

In Micro Ether, leveraged funds are positioned in the lower part of their 3-year range: their net position is lower than in 79% of the weeks since October 2023.

Latest readingPositions as of Oct 6
Leveraged funds · 3-year rank
22/ 100
+17 ptsvs 4 wks
3-year lowLow3-year high
Net position
-39.0%of open interest
How unusual
Usualusual vs the 3-year average
Next update Fri, Oct 16, 15:30 ET
TFF · Futures Only
CMECryptocurrenciesTFF · Futures Only
Who is where
Reading the latest CFTC report…
What changed this week
Reading the latest CFTC report…
History
Reading the latest CFTC report…
After similar readings
Reading the latest CFTC report…
How it's calculated

Fixed rules on
the weekly CFTC report.

The analysis sentences are produced by fixed rules from the week's numbers — not written by hand, not by a language model. The same rules run on every market after each CFTC release. The short market introductions are written texts.

Based on the CFTC's Futures Only report — Disaggregated for commodities, Traders in Financial Futures (TFF) for financial markets. A Futures & Options Combined view is coming for COT Premium.

Where today's net position sits in the group's own 3-year range: 0 = the lowest of the last 156 weeks, 100 = the highest. Shaded ends: the 80/20 and 90/10 bands.

  1. 01Rank each groupEvery group's net position, as % of open interest, is ranked against its own last 156 weeks (0–100).
  2. 02Name the bandHigh from 80, extremely high from 90; low at 20 and below, extremely low at 10 and below. A band is kept until the rank falls back below 75 / 85 (or rises above 25 / 15).
  3. 03Check opposite sidesWhen the speculators and the small traders sit at opposite ends of their ranges, that state takes priority.
  4. 04Measure the weekThis week's change is compared with the market's usual weekly change (a z-score over 52 weeks).

What does the Micro Ether COT positioning analysis show?

Where each group of traders in Micro Ether futures stands this week compared with its own last 3 years, from the CFTC's Traders in Financial Futures report (Futures Only): leveraged funds, small traders and dealers and intermediaries, with the week's change. In Micro Ether, the net position of leveraged funds has ranged from -87% to +50% of open interest since December 2021.

When is the Micro Ether Commitments of Traders report released?

Every Friday at 3:30 PM Eastern Time, for positions held on the previous Tuesday. When a US federal holiday falls on the Wednesday, Thursday or Friday of that week, the release moves to the next business day, usually the following Monday — a Monday holiday such as Labor Day does not delay it. This analysis updates after each release.

Who are the leveraged funds in Micro Ether?

Leveraged Funds in the CFTC's words: hedge funds and money managers such as commodity trading advisors and pool operators. This analysis calls them the speculators.

How is the 3-year range calculated?

Each week, a group's net position as % of open interest is compared with its own last 156 weekly readings: 0 is the lowest of those weeks and 100 the highest. A group becomes high at 80 and extremely high at 90, low at 20 and extremely low at 10. It keeps that band until its rank falls back below 75 (high) or 85 (extremely high), or rises above 25 and 15 on the low side, so a market does not change band on a small weekly move.

Is this investment advice?

No. It is an automated, educational description of public CFTC data and does not tell anyone what to do.

Educational analysis of public CFTC data — not investment advice.

Not a trading signal, an entry point or a recommendation.

Disclosure under Commission Delegated Regulation (EU) 2016/958

Automated, descriptive analysis of public CFTC data (prices: Yahoo Finance) by COT-Reports.com, computed Oct 12, 2026, 6:18 PM UTC from the report of Oct 6, 2026. The numbers are facts; the words describing them are our interpretation. COT-Reports.com sells subscriptions and lists partner offers. Not investment advice. Past patterns do not predict future prices. How this analysis is computed

Weekly data from CFTC (Futures Only). Price from Yahoo Finance. Charts drawn with TradingView Lightweight Charts™. Copyright (c) 2026 TradingView, Inc.