US Bitcoin ETFs Hit by $485M Outflows in Worst Session Since June
Key Facts
US spot Bitcoin ETFs experienced net outflows of $484.9 million on Wednesday. Cointribune reported that this session marks the worst performance since June, effectively erasing all accumulated inflows recorded since the start of October.
The sudden reversal in investor sentiment follows a positive start to the month where the first four sessions generated $321.6 million in inflows. The scale of these withdrawals reflects a significant pivot in institutional and retail demand.
Latest Updates · 3
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Update: These outflows coincided with broader market pressure as oil prices approached the $100 mark. Additionally, bond yields reached their highest levels since 2002, impacting the appeal of high-risk assets like Bitcoin.
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Update: Ethereum ETFs also recorded net outflows of $160.77 million during the same period. This brought the combined total withdrawals from both Bitcoin and Ethereum funds to $647.84 million.
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Update: Bitcoin BTC price fell 1.5% to $82,492 on October 8, 2026. This decline coincides with the ongoing outflows from spot ETFs and a strengthening US dollar.