US Crypto ETFs See $1.28B Weekly Outflows as Yields Rise

Key Facts

US cryptocurrency ETFs recorded approximately $1.28 billion in net weekly outflows for the week ending October 9, 2026. According to coinspress.com, these significant withdrawals impacted both Bitcoin and Ethereum ETFs, marking a notable shift in institutional sentiment during the first full week of October.

The flight of capital was driven by rising US Treasury yields and renewed inflation concerns, which dampened investor appetite for high-risk assets. This trend coincided with recent economic data, including the US ISM Services PMI reaching 54.9 on October 5, 2026, and a reported trade deficit of $105.6 billion on October 6, 2026.