Key Takeaways
- • US spot Bitcoin ETFs recorded approximately $484.9 million in net outflows on October 7, 2026, the largest single-day outflow since June 25, according to Trader T data.
- • BlackRock's IBIT led redemptions with $207.7 million in withdrawals, followed by Fidelity's FBTC ($105.1 million) and Ark Invest's ARKB ($101.7 million).
- • The outflows reversed a $118.8 million net inflow recorded the previous day, as Bitcoin fell to around $83,000, its lowest daily close in 17 days.
- • Ethereum spot ETFs shed $160.9 million the same day, and their five-session cumulative outflow of $506.3M is the largest since January 23.
Summary
US spot Bitcoin exchange-traded funds recorded approximately $484.9 million in net outflows on October 7, the largest single-day exodus since June 25, according to daily flow data reported by Trader T. The withdrawals reversed the prior session, when the funds had attracted $118.8 million in net inflows, underscoring how quickly investor sentiment deteriorated. The outflows coincided with Bitcoin sliding to around $83,000, its lowest daily close in 17 days.
BlackRock's iShares Bitcoin Trust (IBIT) accounted for the largest share of the redemptions, with $207.7 million in withdrawals. Fidelity's FBTC lost $105.1 million and Ark Invest's ARKB saw $101.7 million exit. Grayscale's GBTC posted net outflows of $39.3 million, Bitwise's BITB recorded $27.6 million in redemptions, and VanEck's HODL shed $3.5 million. Grayscale Mini BTC, Morgan Stanley's MSBT, Valkyrie's BRRR, Franklin Templeton's EZBC, Invesco's BTCO and WisdomTree's BTCW recorded no net flows on the day.
Ethereum spot ETFs faced similar pressure, with $160.9 million in net outflows on the same day. BlackRock's ETHA posted the largest single-fund Ethereum outflow at $116.1 million. Grayscale's ETHE lost $25.8 million, 21Shares' TETH saw $6.3 million leave, Bitwise's ETHW recorded $5.9 million in outflows, and VanEck's ETHV shed $2 million. Cumulative Ethereum ETF outflows over the past five trading sessions reached $506.3 million, the largest such stretch since January 23.
Taken together, the figures point to a sharp reversal in positioning across both major crypto assets. The Bitcoin outflow is the largest since June 25, and the Ethereum five-day streak is the most significant since January, though the sources do not provide a forward-looking assessment of whether the trend will persist.
BlackRock's iShares Bitcoin Trust (IBIT) accounted for the largest share of the redemptions, with $207.7 million in withdrawals. Fidelity's FBTC lost $105.1 million and Ark Invest's ARKB saw $101.7 million exit. Grayscale's GBTC posted net outflows of $39.3 million, Bitwise's BITB recorded $27.6 million in redemptions, and VanEck's HODL shed $3.5 million. Grayscale Mini BTC, Morgan Stanley's MSBT, Valkyrie's BRRR, Franklin Templeton's EZBC, Invesco's BTCO and WisdomTree's BTCW recorded no net flows on the day.
Ethereum spot ETFs faced similar pressure, with $160.9 million in net outflows on the same day. BlackRock's ETHA posted the largest single-fund Ethereum outflow at $116.1 million. Grayscale's ETHE lost $25.8 million, 21Shares' TETH saw $6.3 million leave, Bitwise's ETHW recorded $5.9 million in outflows, and VanEck's ETHV shed $2 million. Cumulative Ethereum ETF outflows over the past five trading sessions reached $506.3 million, the largest such stretch since January 23.
Taken together, the figures point to a sharp reversal in positioning across both major crypto assets. The Bitcoin outflow is the largest since June 25, and the Ethereum five-day streak is the most significant since January, though the sources do not provide a forward-looking assessment of whether the trend will persist.
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