US spot Bitcoin ETFs experienced significant outflows totaling about $678.9 million from October 5 to 9, 2026, with the largest withdrawals on Wednesday and Thursday. This sharp pullback reflects waning institutional appetite for Bitcoin amid reassessment of risk assets, contributing to Bitcoin's price drop from around $86,480 to $82,546 during the week. Although Friday saw a small rebound in ETF inflows, the overall trend raises concerns about the sustainability of Bitcoin's recent momentum. Investors will watch closely to see if institutional demand recovers in the coming week.
Bitcoin ETFs' recent outflows provide context for Pluang's cryptocurrency market. As of Oct 12, 2026 15:31 WIB, 39 of 50 major cryptocurrencies rose while 10 fell. Notable movers include ZIL at Rp67 (+4.97%), LINK at Rp238,733 (+4.27%), and COTI at Rp243 (+3.62%).
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