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Crypto ETFs see over $1 billion outflows in October amid Bitcoin and Ethereum sell-offs

Market News
10 Oct 2026, 15:19 WIB
CryptoTicker
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Bearish
Crypto ETFs see over $1 billion outflows in October amid Bitcoin and Ethereum sell-offs

US crypto ETFs, including Bitcoin and Ethereum funds, experienced over $1 billion in net outflows in October, marking the largest selling wave since June. Bitcoin ETFs lost nearly $679 million in a week, with major withdrawals from Fidelity and ARK funds, while Ethereum ETFs faced nine consecutive days of outflows dominated by BlackRock's ETHA fund. Smaller altcoin ETFs like Solana and Zcash also saw declines. This widespread selling reflects institutional risk reduction amid price dips, signaling caution for short-term investors but potential buying opportunities if outflows stabilize.

The recent crypto ETF outflows exceeding $1 billion in October provide context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Oct 10, 2026 18:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 35 rose and 13 fell today. Notable movers include AXS (Axie Infinity) with a price of Rp22.412 and a 1-day change of +7.54%, ADA (Cardano) at Rp4.553 with +6.80%, and DOT (Polkadot) at Rp22.400 with +6.59%.

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