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Bitcoin ETFs Shed $487M, Every Fund Sees Outflows

Reported by Altcoinbuzz
Oct 8, 2026· 2 min read
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Key Takeaways
  • • U.S. spot Bitcoin ETFs recorded $487.07 million in net outflows on October 7, 2026, the largest single-day withdrawal since late June, according to SoSoValue data.
  • • None of the 12 tracked spot Bitcoin ETFs posted a net inflow, so the selling was broad-based rather than concentrated in one issuer.
  • • BlackRock's IBIT led the redemptions with $207.67 million, followed by Fidelity's FBTC at $105.15 million.
  • • The outflow reversed the roughly $118.9 million of net inflows recorded in the prior session and pushed October's cumulative flows into negative territory.
  • • Ether ETFs shed a further $160.77 million on the same day, per a related report, indicating the pullback extended beyond Bitcoin products.
Summary
U.S. spot Bitcoin ETFs recorded $487.07 million in net outflows on October 7, 2026, according to data from SoSoValue cited by ALTCOIN BUZZ. The session marked the heaviest single-day withdrawal since late June and reversed the approximately $118.9 million of net inflows posted one session earlier. Coverage of the session noted that Bitcoin's price fell to around $82,000 during the outflow period, and that the flows erased October's earlier gains and pushed month-to-date flows negative.

The selling was notable for its breadth. None of the 12 Bitcoin ETFs in the SoSoValue dataset recorded a net inflow, leaving the entire spot Bitcoin ETF group in negative territory for the day. BlackRock's iShares Bitcoin Trust (IBIT) accounted for the largest withdrawal at $207.67 million. Fidelity's Wise Origin Bitcoin Fund (FBTC) was second at $105.15 million. Despite the latest redemptions, both funds retain substantial cumulative inflows since launch, with IBIT at roughly $65.72 billion and FBTC at about $10.72 billion.

A separate report cited in the publisher's coverage stated that ether-linked funds shed another $160.77 million on the same day, suggesting that the risk-off move was not limited to Bitcoin exposure. The figures reported by SoSoValue are preliminary daily estimates and may be revised.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Altcoinbuzz Bitcoin ETFs Shed $487M, Every Fund Sees Outflows