{"id":603,"date":"2026-10-08T15:09:06","date_gmt":"2026-10-08T15:09:06","guid":{"rendered":"https:\/\/1stblock.info\/?p=603"},"modified":"2026-10-08T15:09:06","modified_gmt":"2026-10-08T15:09:06","slug":"bitcoin-etfs-post-487m-outflow-the-largest-daily-exit-since-june","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=603","title":{"rendered":"Bitcoin ETFs Post $487M Outflow, the Largest Daily Exit Since June"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">U.S. spot bitcoin ETFs recorded <strong>$487.1 million<\/strong> in net outflows on Wednesday, the largest single-day withdrawal since June 25, <em>according to SoSoValue<\/em>. Spot ether ETFs shed a further $160.9 million on the day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The withdrawal stands out against recent flow data. CoinDesk&#8217;s analysis shows it landed about 2.1 standard deviations below the 90-day average, which has been roughly $92 million in daily inflows. Flows have turned choppy: after about $2.65 billion of net inflows in September, October is now <strong>$165.6 million<\/strong> in the red, with the past six sessions alternating between small inflows and outflows.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The year-to-date cushion is thin. The funds have taken in a net $717 million in 2026, after cumulative flows for the year bottomed at a $5.76 billion outflow in July. Total net inflows since the January 2024 launch stand at <strong>$57.33 billion<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exit came a day after analysts argued that strong ETF inflows were needed to push <strong>BTC<\/strong> decisively above $87,000, a level that has capped recent gains. Bitcoin opened Thursday at about $83,276, down 2.7% from Wednesday, and slipped to roughly $82,347 by early morning trading. Ether fell harder, opening down 4.6% near $2,573. The macro backdrop added to the pressure: oil jumped on a report that the White House had asked the Pentagon for strike options against Iran, pushing Treasury yields back toward their highest since 2002.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FxPro chief market analyst Alex Kuptsikevich identified the $80,500\u2013$81,500 band as the next test, a zone that combines last month&#8217;s local highs with the 50-day moving average. He said a bounce there could trigger a rapid retest of the highs, while forced selling by leveraged buyers could send the price down to $76,000 or $72,000, the 200-day moving average.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With spot ETF demand, a key source of buying during the August\u2013September rally, now fading, the next few sessions of flow data will show whether Wednesday was a one-off or the start of a sustained rotation out. A sustained break below <strong>$80,000<\/strong> would mark the first serious breach of the trend in place since late summer. <a href=\"https:\/\/www.coindesk.com\/daybook-us\/2026\/10\/08\/bitcoin-etf-investors-head-for-the-exit-and-it-s-the-biggest-rush-in-months\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot bitcoin ETFs recorded $487.1 million in net outflows on Wednesday, the largest single-day withdrawal since June<\/p>\n","protected":false},"author":2,"featured_media":439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eft"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=603"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/603\/revisions"}],"predecessor-version":[{"id":604,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/603\/revisions\/604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/439"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}