Key Takeaways
- • U.S. spot bitcoin ETFs recorded $244.13 million in net outflows on Oct. 8, 2026, according to SoSoValue, marking a second consecutive day of withdrawals.
- • The Oct. 8 outflow was roughly half the $487.07 million exited on Oct. 7, though the two-day total still exceeds $730 million.
- • Fidelity's FBTC led redemptions at $197.09 million, while Franklin Templeton's EZBC was the only fund to record inflows, at $4.71 million.
- • Total spot bitcoin ETF net assets stood at $104.91 billion, about 6.38% of bitcoin's total market capitalization, and cumulative net inflows remained at $57.09 billion.
- • BlackRock's IBIT dominated trading with $2.60 billion of the $3.18 billion total daily volume and held $65.68 billion in net assets.
Summary
U.S. spot bitcoin exchange-traded funds posted net outflows for a second consecutive trading day on Oct. 8, 2026, with $244.13 million leaving the products, according to SoSoValue data reported by TokenPost. The figure was about 50% smaller than the $487.07 million outflow recorded on Oct. 7, suggesting the pace of redemptions slowed even as the run of withdrawals continued.
Of the 12 spot bitcoin ETFs tracked, eleven recorded net outflows on Oct. 8. Fidelity's FBTC accounted for the largest share of redemptions at $197.09 million. Other notable outflows came from ARK 21Shares' ARKB ($20.29 million), Bitwise's BITB ($17.71 million), Grayscale's GBTC ($8.20 million) and BlackRock's IBIT ($5.54 million). The only inflow came from Franklin Templeton's EZBC, which took in $4.71 million. The FBTC redemption alone outweighed that inflow by a wide margin.
Trading activity remained substantial despite the net outflows. Total spot bitcoin ETF volume reached $3.18 billion, with BlackRock's IBIT leading at $2.60 billion, followed by Fidelity's FBTC at $248.09 million and Grayscale's GBTC at $95.57 million.
Despite the two-day outflow streak, the category remains large in absolute terms. Total net assets were $104.91 billion, or roughly 6.38% of bitcoin's total market capitalization. IBIT remained the largest product at $65.68 billion, followed by FBTC at $14.55 billion and GBTC at $10.29 billion. Cumulative net inflows since launch stood at $57.09 billion. Bitcoin traded near $82,650 in early trading the following day, according to supplemental market reporting, after the prior session's outflows.
Of the 12 spot bitcoin ETFs tracked, eleven recorded net outflows on Oct. 8. Fidelity's FBTC accounted for the largest share of redemptions at $197.09 million. Other notable outflows came from ARK 21Shares' ARKB ($20.29 million), Bitwise's BITB ($17.71 million), Grayscale's GBTC ($8.20 million) and BlackRock's IBIT ($5.54 million). The only inflow came from Franklin Templeton's EZBC, which took in $4.71 million. The FBTC redemption alone outweighed that inflow by a wide margin.
Trading activity remained substantial despite the net outflows. Total spot bitcoin ETF volume reached $3.18 billion, with BlackRock's IBIT leading at $2.60 billion, followed by Fidelity's FBTC at $248.09 million and Grayscale's GBTC at $95.57 million.
Despite the two-day outflow streak, the category remains large in absolute terms. Total net assets were $104.91 billion, or roughly 6.38% of bitcoin's total market capitalization. IBIT remained the largest product at $65.68 billion, followed by FBTC at $14.55 billion and GBTC at $10.29 billion. Cumulative net inflows since launch stood at $57.09 billion. Bitcoin traded near $82,650 in early trading the following day, according to supplemental market reporting, after the prior session's outflows.
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