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Bitcoin ETFs see $485M outflows in one day, wiping out October gains.

Market News
08 Oct 2026
Cointribune
View Source
Bearish
Bitcoin ETFs see $485M outflows in one day, wiping out October gains.

American Bitcoin ETFs experienced a significant outflow of $484.9 million in one day, the largest since June, erasing all inflows accumulated since early October. BlackRock led withdrawals with $207.7 million pulled out, followed by Fidelity and ARK 21Shares. This sharp reversal highlights the volatility in Bitcoin ETF investments, which are a major source of demand for Bitcoin in the U.S. Despite this, Bitcoin's price remained relatively stable around $82,700. The coming sessions will be crucial to determine if this outflow signals a trend or a temporary fluctuation.

Bitcoin ETF outflows totaled $484.9 million in a single day, led by BlackRock's $207.7 million withdrawal. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 20:13 WIB: out of 50 major cryptocurrencies, 22 rose and 27 fell. Notable movers include AVAX at Rp189.065 with a -4.77% change and a 30% sell order activity, LTC at Rp1.145.000 with a -4.37% change and 60% sell orders, and UNI at Rp135.993 with a -4.36% change and 27% sell orders.

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