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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/12/2026

ETF Outflows Hit Bitcoin, Ethereum, and Solana Hard in October

What happened: The first seven trading days of October saw Bitcoin ETFs register $386.

ETF Outflows Hit Bitcoin, Ethereum, and Solana Hard in October

What happened: The first seven trading days of October saw Bitcoin ETFs register $386.3 million in net outflows, with Ethereum ETFs losing $635 million and Solana ETFs down $24.8 million. Notably, Bitcoin ETFs suffered a single-day outflow of $484.9 million on Wednesday, their worst since June. Friday brought a modest $21.1 million inflow, hinting at possible stabilization. Despite the October downturn, year-to-date cumulative inflows for Bitcoin ETFs remain positive at $57.6 billion, with total net assets at $100.6 billion. The October pullback follows September’s nine-session, $3 billion BTC inflow streak, which ended after the U.S. Senate failed to advance the Clarity Act.

Why it matters: The reversal in ETF flows signals a shift in institutional sentiment, challenging the "Uptober" narrative that has historically favored crypto price rallies in October. Persistent outflows from both Bitcoin and Ethereum ETFs suggest that macro uncertainty and legislative gridlock are weighing on investor confidence. However, the positive year-to-date figures for Bitcoin ETFs underscore the asset’s resilience, and Friday’s inflow could indicate that the worst of the selling pressure is easing.

Source: Decrypt