Bitcoin and Ether ETFs experienced significant outflows totaling about $965 million over two days, driven by institutional investors reducing exposure. Fidelity led Bitcoin ETF withdrawals with $197 million, while BlackRock dominated Ether ETF redemptions for the eighth consecutive day. This selling pressure coincides with a drop in Bitcoin and Ether prices, down over 4% and 9% respectively in the past week. Despite this, some altcoins like XRP and NEAR attracted inflows, highlighting selective investor interest amid broader crypto weakness. The trend suggests institutions are actively de-risking rather than passively holding positions.
Bitcoin and Ether ETF outflows neared $1 billion over two days, led by Fidelity and BlackRock, coinciding with recent price declines. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 20:32 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include SUSHI down 4.08% with 94% buy orders, GRT down 3.94% with 90% sell orders, and ALGO down 3.92% with 73% buy orders.
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The XRP Ledger patched a critical vulnerability in its payment engine that could have allowed attackers to create and spend XRP beyond the network's 100 billion token supply. The flaw, present in versions 3.4.0 and earlier, was fixed in version 3.4.1...
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