Bitcoin ETFs See $679M Outflows as Bullish Momentum Fades

Key Facts

1Spot Bitcoin ETFs recorded net outflows of nearly $679 million between October 5 and October 9.

Spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of nearly $679 million between October 5 and October 9, 2026. Coinpaper reported that these capital flights occurred as the underlying asset price retreated toward the $80,000 level, dampening the bullish sentiment that characterized the start of October.

Wednesday, October 7, 2026, marked the heaviest selling of the week with $484.9 million in net withdrawals, while BlackRock's IBIT fund saw $207.7 million in outflows on that day alone. According to Coinpaper, Bitcoin's price started the week near $86,480 before falling to approximately $82,546 by the close on October 9, 2026, signaling a shift in institutional appetite for crypto assets.