News · Crypto · Cointelegraph · Thu, Oct 8, 2026 8:00 AM
Bitcoin ETFs see $485M outflow, largest daily drop since June
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US Bitcoin ETFs withdrew $485M, the biggest daily outflow since June, while Ether funds continued a streak of outflows.
U.S. Bitcoin exchange-traded funds recorded a $485 million withdrawal, wiping out the net inflows that had accumulated in October.
Outflows reflect broader market sentiment
The outflow marks the largest single-day exit for Bitcoin ETFs since June and signals a shift in investor sentiment toward the crypto asset.
Meanwhile, Ether-based funds logged a seventh consecutive day of net withdrawals, underscoring broader volatility in the crypto market.
Based on reporting from Cointelegraph. Read the original.
OpenBook analysis
Market impact
The sizable outflow may indicate a cooling in demand for crypto ETFs, potentially affecting the liquidity and pricing of Bitcoin and Ether. Traders may watch for further shifts in ETF flows and the impact on underlying crypto prices.
Assets in focus
General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections