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Home / Markets / Bitcoin ETFs Shed $485M in a Day, Wiping Out All of October's Inflows
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Bitcoin ETFs Shed $485M in a Day, Wiping Out All of October's Inflows

By MABOnChain Desk · Published · Updated · 4 min read

Editorial digital-art illustration of a giant bitcoin coin sliding down a glowing red downward chart arrow as coins spill from cracked glass ETF vault boxes, with red candlesticks collapsing over a dark city skyline

Published October 8, 2026, 08:55 UTC. Flow data from Farside Investors; reporting via Cointelegraph; price data from CoinGecko.

U.S. spot Bitcoin exchange-traded funds recorded $484.9 million in net outflows on Wednesday, reversing Tuesday's $118.8 million net inflow, according to data from Farside Investors cited by Cointelegraph. The withdrawals were the largest single-day outflow since June 25, when the funds lost $691.7 million.

Bitcoin was trading near $82,700 on Thursday morning, down about 2% over the previous 24 hours, according to CoinGecko.

The $485 million Wednesday

BlackRock's iShares Bitcoin Trust, the largest of the funds, led Wednesday's withdrawals with $207.7 million in outflows, according to the Farside data. Fidelity's FBTC followed with $105.1 million, and the ARK 21Shares Bitcoin ETF lost $101.7 million. The reversal was sharp: IBIT had taken in $122 million of inflows just the day before.

October's inflows erased

Wednesday's outflows wiped out the $321.6 million in net inflows recorded over October's first four trading sessions, Cointelegraph reported. The funds are now sitting on approximately $163 million in net outflows for the month. The Farside table shows the swing clearly: October 2 brought $189.9 million in inflows and October 6 added $118.8 million, but October 5 was already negative with $89.8 million leaving the funds.

Ether's seventh straight losing day

U.S. spot Ether ETFs also moved in the same direction. The funds recorded $160.9 million in net outflows on Wednesday, extending their losing streak to seven consecutive trading sessions, according to Farside data. Ether funds have shed approximately $569 million since September 29. BlackRock's iShares Ethereum Trust accounted for $116.1 million of Wednesday's withdrawals, with Grayscale's Ethereum Trust losing another $25.8 million.

The flows matter because spot ETF demand has been a major force in Bitcoin's price action this year. The complex posted a record $2.39 billion in the week of September 21-25, according to SoSoValue data, before the daily flow picture turned choppy in October.

This article is news reporting and is not investment advice.

Sources

Not financial advice. This content is for information and education only. See our disclaimer, editorial policy and disclosures.

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