Key Takeaways
- • Spot Bitcoin ETFs recorded combined net outflows of $244 million on October 8, 2026, according to Pluang's report on the day's fund flows.
- • Fidelity's FBTC accounted for the largest single-day outflow at $197 million, though its cumulative net inflows remain at $10.519 billion.
- • Franklin's EZBC was the only spot Bitcoin ETF to report an inflow, adding $4.71 million and lifting its cumulative net inflows to $330 million.
- • Total net asset value of the spot Bitcoin ETFs stands at $104.914 billion, equal to 6.38% of Bitcoin's total market value, with cumulative net inflows across all funds at $57.086 billion.
- • Outflows followed a $484.9 million net redemption on October 7, bringing two-day outflows to roughly $729 million, with FBTC responsible for about 81% of the selling.
Summary
Spot Bitcoin exchange-traded funds in the United States recorded combined net redemptions of $244 million on October 8, 2026, according to Pluang. Fidelity's FBTC fund led the outflows with $197 million, roughly 81% of the day's selling. Despite the daily decline, FBTC's cumulative net inflows remain substantial at $10.519 billion.
Franklin's Bitcoin ETF, EZBC, was the only fund in the group to report an inflow on the day, adding $4.71 million and bringing its cumulative net inflows to $330 million. Across the complete set of spot Bitcoin ETFs, total net asset value stands at $104.914 billion, representing 6.38% of Bitcoin's total market value. Cumulative net inflows across all funds reached $57.086 billion as of the latest data.
The October 8 outflows followed a heavier session on October 7, when spot Bitcoin ETFs saw $484.9 million in net redemptions, their largest one-day exit since June 25, according to Orbit Trending Topics. Combined, the two sessions total roughly $729 million in outflows. Reports from other outlets, including coverage that attributed the selling to ETF redemptions weighing on Bitcoin and Ether prices, were consistent with these figures.
In the broader market, Pluang's snapshot as of October 9, 2026 at 11:02 WIB showed 14 of 50 major cryptocurrencies rising and 35 falling. Cardano (ADA) fell 7.26%, Bitcoin Cash (BCH) dropped 7.02%, and Uniswap (UNI) declined 6.81%.
Franklin's Bitcoin ETF, EZBC, was the only fund in the group to report an inflow on the day, adding $4.71 million and bringing its cumulative net inflows to $330 million. Across the complete set of spot Bitcoin ETFs, total net asset value stands at $104.914 billion, representing 6.38% of Bitcoin's total market value. Cumulative net inflows across all funds reached $57.086 billion as of the latest data.
The October 8 outflows followed a heavier session on October 7, when spot Bitcoin ETFs saw $484.9 million in net redemptions, their largest one-day exit since June 25, according to Orbit Trending Topics. Combined, the two sessions total roughly $729 million in outflows. Reports from other outlets, including coverage that attributed the selling to ETF redemptions weighing on Bitcoin and Ether prices, were consistent with these figures.
In the broader market, Pluang's snapshot as of October 9, 2026 at 11:02 WIB showed 14 of 50 major cryptocurrencies rising and 35 falling. Cardano (ADA) fell 7.26%, Bitcoin Cash (BCH) dropped 7.02%, and Uniswap (UNI) declined 6.81%.
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