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U.S. spot Bitcoin ETFs see $487M outflows on Oct 7, led by BlackRock's IBIT.

Market News
08 Oct 2026, 07:29 WIB
Tokenpost
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Bearish
U.S. spot Bitcoin ETFs see $487M outflows on Oct 7, led by BlackRock's IBIT.

On October 7, U.S. spot Bitcoin ETFs experienced a combined net outflow of $487 million, with BlackRock's IBIT fund accounting for the largest share at $208 million. Fidelity's FBTC followed with $105 million in net outflows. Despite these withdrawals, IBIT's total net inflows remain strong at $65.717 billion, and FBTC has accumulated $10.716 billion. The group of U.S. spot Bitcoin ETFs held $107.401 billion in net assets, representing 6.41% of Bitcoin's total market capitalization. The outflows on October 7 reduced the cumulative net inflows across these funds to $57.330 billion, indicating ongoing investor activity and interest in Bitcoin ETFs.

U.S. spot Bitcoin ETFs saw a net outflow of $487 million on October 7, with BlackRock's IBIT fund accounting for $208 million of that. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 11:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 11 rose and 38 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, CRV (Curve DAO Token) up 9.56% at Rp6.959 with a typical hold time of 62 days, and SAND (The Sandbox) up 8.29% at Rp1.344 with a typical hold time of 123 days.

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