Analyst: Bitcoin and Ethereum ETF saw a net outflow of $316 million in a single day
2026-10-09 17:18:35
According to CoinMeta, on October 8th, Bitcoin and Ethereum experienced a net outflow of $316.6 million in a single day, reflecting the cautious sentiment of institutional investors. Based on the trading data from ETF, Bitcoin recorded a net outflow of $244.1 million in the latest transactions, while Ethereum saw a decrease of $72.5 million. Since the beginning of October, the net outflow from Bitcoin has exceeded $82 billion, with the outflow accelerating in the second week. On October 7th, investors withdrew $484.9 million from these funds, followed by another outflow of $244.1 million on the 8th. At the same time, the market is also facing new pressures; the price of Bitcoin has fallen by about 0.44% in the past 24 hours, trading at $82,660, while Ethereum is trading around $2,500.
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Source:Coinpaper
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