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Bitcoin and Ethereum ETFs lose $316M in one day amid market selloff and investor caution.

Market News
09 Oct 2026
Coinpaper
View Source
Bearish
Bitcoin and Ethereum ETFs lose $316M in one day amid market selloff and investor caution.

On October 8, US Bitcoin and Ethereum ETFs experienced significant outflows, with Bitcoin ETFs losing $244.1 million and Ethereum ETFs shedding $72.5 million, totaling $316.6 million withdrawn in a single day. This continued a trend of heavy withdrawals in early October, raising doubts about the expected 'Uptober' rally. The selloff coincided with a broader cryptocurrency market decline, where Bitcoin and Ethereum prices fell and leveraged traders faced over $1 billion in liquidations. These developments highlight cautious institutional sentiment and increased market volatility going forward.

The recent Bitcoin and Ethereum ETF outflows provide context for Pluang's cryptocurrency market snapshot. As of Oct 09, 2026 16:21 WIB, 12 of 50 major cryptocurrencies rose while 37 fell. Notable movers include ATOM up 9.18% at Rp34.769, ALGO down 8.71% at Rp2.127, and EOS up 8.13% at Rp12.649.

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