Bitcoin, Ether ETFs’ October outflows swell toward $1B
Cointelegraph 2026-10-09 07:34:44
Context: On Thursday, significant outflows were reported in Bitcoin and Ether Exchange-Traded Funds (ETFs), with Bitcoin ETFs losing $244 million and Ether funds experiencing their eighth consecutive session of outflows, totaling $641 million. This substantial movement in the cryptocurrency market has led to October outflows swelling toward $1 billion. The outflows indicate a notable shift in investor sentiment towards these digital assets.
Key Facts
- Bitcoin ETFs experienced outflows of $244 million on Thursday.
- Ether funds had an outflow of $641 million, extending their streak to eight consecutive sessions.
- The total outflows for Bitcoin and Ether ETFs in October are approaching $1 billion.