On October 6, US spot Bitcoin ETFs attracted $118.8 million in net inflows, mainly driven by BlackRock's IBIT fund, despite Bitcoin prices weakening below $85,000. In contrast, Ethereum ETFs experienced their largest outflow in weeks with $201.9 million withdrawn, all from BlackRock's ETHA fund, marking the sixth consecutive day of withdrawals. This divergence highlights stronger investor confidence in Bitcoin compared to Ethereum amid broader market pressures such as rising oil prices and a stronger dollar. The ongoing outflows from Ethereum ETFs suggest investors remain cautious about Ethereum's near-term prospects.
Bitcoin ETFs and Ethereum outflows provide context for cryptocurrency trends. For readers following crypto markets, here is Pluang's market snapshot as of Oct 07, 2026 15:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include AXS at Rp21.794 with a 1-day change of -6.91% and a Pluang order activity of 11% Sell / 89% Buy, XTZ at Rp5.582 down 6.76% with 95% Sell / 5% Buy, and SUSHI at Rp4.272 down 6.63% with 65% Sell / 35% Buy. The most notable figure is the breadth showing 44 cryptocurrencies declined today.
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