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Bitcoin ETFs see $89.8M outflow as BTC price dips below $86K amid market pressures

Market News
06 Oct 2026
Coinpaper
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Neutral
Bitcoin ETFs see $89.8M outflow as BTC price dips below $86K amid market pressures

US spot Bitcoin ETFs experienced a net outflow of $89.8 million on October 5, reversing a prior inflow of $189.9 million on October 2. The largest withdrawals came from ARK 21Shares' ARKB and Fidelity's FBTC, while BlackRock's IBIT was the only fund to see significant inflows. Despite this, the five-day net flow remains positive at around $120 million, indicating that the recent outflows may not signal a lasting trend. Bitcoin's price also dipped below $86,000, pressured by ETF outflows, a stronger US dollar, higher Treasury yields, and geopolitical uncertainties. The market will watch upcoming sessions closely to see if inflows resume or outflows continue, impacting Bitcoin's momentum.

Bitcoin ETFs saw a net outflow of $89.8 million on October 5, shortly after a strong inflow earlier in the week. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 06, 2026 15:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 17 rose and 32 fell. Notable movers include YFI at Rp44.652.396 with a 1-day change of -4.13% and 96% sell order activity, COMP at Rp439.483 down 3.47% with 80% buy activity, and XLM at Rp3.859 down 3.43% with 72% sell activity.

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