Crypto Briefing • October 9th 2026, 1:10 PM
Bitcoin ETFs shed hundreds of millions as Bitcoin holds near $81,500
Key Summary
US spot Bitcoin ETFs experienced a significant two-day outflow of $729 million, wiping out inflows from early October, as investors reassess near-term exposure amid a tougher macroeconomic backdrop. Bitcoin briefly dipped below $81,000 before recovering, and the 21-day window remains positive, but the five-day figure of $512.4 million in outflows warrants caution.
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Bitcoin ETFs Face Heavy Outflows Amid Rising Oil Prices and Yields
Inflows Wiped Out by Heavy Outflows
Two consecutive days of heavy outflows from the largest funds suggest institutional holders are reassessing near-term exposure. The 21-day window remaining positive argues for a blip, while the five-day figure of $512.4 million in outflows argues for keeping an eye on it.Bitcoin's Price Volatility
Bitcoin briefly slipped below $81,000 before recovering back into its range. The price's volatility is a reflection of the macroeconomic backdrop, with rising oil prices and Treasury yields contributing to a stronger dollar.Cumulative Inflows and Assets Under Management
Cumulative net inflows since the products launched in January 2024 stand at around $57.09 billion. Total assets under management in US spot Bitcoin ETFs sit at approximately $104.91 billion to $105 billion. A two-day exit of roughly $729 million is meaningful but far from existential.#Bitcoin#US#Crypto#SEC