7/105 sources · 4 publishersUpdated Oct 9, 00:55 UTC
US spot Bitcoin and Ethereum ETFs record $485 million of outflows
On 7 October 2026 U.S. spot Bitcoin ETFs saw net outflows of $484.9 million and spot Ethereum ETFs lost $160.9 million. BlackRock's IBIT and ETHA led the withdrawals with $207.7 million and $116.1 million respectively. Bitcoin fell to around $83,000, its lowest close in 17 days.
Why it matters
The outflows erased most of October’s accumulated inflows, which could increase downward pressure on Bitcoin prices, according to the report in material [1].
Key facts
- 1US spot Bitcoin ETFs recorded net outflows of $484.9 million on 7 October 2026. finance.biggo.com
- 2US spot Ethereum ETFs recorded net outflows of $160.9 million on the same day. finance.biggo.com
- 3BlackRock's iShares Bitcoin Trust (IBIT) led Bitcoin outflows with $207.7 million withdrawn. finance.biggo.com
- 4BlackRock's Ethereum Trust (ETHA) led Ethereum outflows with $116.1 million withdrawn. finance.biggo.com
- 5Bitcoin price fell to around $83,000, its lowest daily close in 17 days. finance.biggo.com
- 6Month‑to‑date Bitcoin ETF inflows had reached $321.4 million before being wiped out by the outflows. finance.biggo.com
Open questions
- Net outflow amount reported as $484.9 million (materials [1],[5]) versus $485 million (materials [2],[3],[4]).
- Bitcoin price cited as $82,700 (materials [2],[3]) versus $83,000 (material [1]).
Summary written by AlphAI from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.