CryptoMediumUpdated×7•Originally published 8 October 2026•Updated 8 October 2026•
1 min read

US Spot Bitcoin ETFs See $487 Million Net Outflows

Key Facts

1U.S. spot Bitcoin ETFs recorded a net outflow of $487 million on October 7.
2BlackRock's IBIT fund led the withdrawals with $208 million in outflows.

U.S. spot Bitcoin ETFs recorded a net outflow of $487 million on October 7, 2026. TokenPost reported that BlackRock's IBIT fund led the withdrawals with $208 million in outflows, while Fidelity's FBTC ranked second with $105 million in net exits for the day.

BlackRock (BLK) closed at $1,069.63 on October 7, 2026, with the stock trading between a low of $1,057.95 and a high of $1,070.52 during the session. These fund flows represent a shift in institutional sentiment, leaving the total net assets across the U.S. spot Bitcoin ETF group at $107.401 billion as of the reporting period.

Latest Updates · 7

  1. Notable·

    Update: Bitcoin price recorded a 2.67% decline over a 24-hour period, trading at approximately $81,125 on October 8, 2026. This price drop follows the significant net outflows observed across U.S. spot ETFs.

  2. Notable·

    Update: ARK 21Shares' ARKB fund recorded net outflows of $101.7 million on October 7, 2026. This figure ranked the fund as the third-largest contributor to the recent wave of withdrawals across U.S. spot ETFs.

  3. Notable·

    Update: Bitcoin price is struggling to break above the $87,000 level as of October 8, 2026. This price resistance coincides with an outflow trend characterized as the largest rush of ETF investor exits in months.

  4. Notable·

    Update: Spot Ether ETFs extended their streak of net outflows to seven consecutive sessions as of October 8, 2026. This trend in Ether-based funds coincides with the selling pressure observed in Bitcoin ETFs during recent sessions.

  5. Notable·

    Update: The $487 million withdrawal marks the largest daily net outflow for spot Bitcoin ETFs since late June 2026. Notably, every tracked fund in the group experienced outflows during the October 7 session.

  6. Notable·

    Update: U.S. spot Ether ETFs recorded their seventh consecutive day of net outflows on October 8, 2026. The recent wave of withdrawals from Bitcoin funds has now completely erased all net inflows previously recorded for the month of October.

  7. Notable·

    Update: BlackRock's Ethereum ETF recorded additional net outflows of $116.05 million. These withdrawals from digital asset products occurred as BLK shares closed at $1,069.63 on October 7, 2026.