US spot Bitcoin ETF recorded a net outflow of $409.2 million from October 12 to 16.
Among them, BlackRock's IBIT led the capital outflows this week, with approximately $240 million withdrawn; followed by Fidelity's FBTC, with a net outflow of about $163.2 million.
After falling back from around $87,000, Bitcoin struggled to maintain a rebound above $84,000 for a while.
As of today, the price of Bitcoin has fallen below $81,000, reaching a low of around $80,250. Meanwhile, US spot Bitcoin ETF experienced a net outflow of $409.2 million from October 12 to 16, and the escalating tensions between the US and Iran have also put pressure on the market.
Although the outflow of funds for ETF has eased compared to the previous week, Bitcoin still struggles to regain the level of $84,000.
ETF Capital outflows have slowed down, but selling continues.
Despite attracting $180.8 million in capital inflows during the same period, the US spot Bitcoin ETF still recorded a total outflow of $409.2 million from October 12 to 16, 2026.
This week, the largest outflow came from BlackRock IBIT, with approximately $240 million withdrawn; followed by Fidelity FBTC, with a net outflow of about $163.2 million.
Compared to the previous week, there has been a noticeable improvement in capital outflows this week. From October 5th to 9th, Bitcoin ETF recorded a total outflow of 818.8 million US dollars, which means that the scale of outflows this week has decreased by about 50%.
These withdrawals indicate that, although the pace of selling has slowed down, institutional demand remains weak.
Tensions between the US and Iran intensify, putting pressure on the market
The escalating tensions between the United States and Iran have heightened concerns about a broader conflict. It is reported that the United States once requested Iran to allow it to strike the Pickaxe Mountain nuclear facilities without retaliation, but Iran rejected this request.
An Iranian official warned, "Trump's remarks today indicate that a war could break out within 24 hours." He also added that the Iranian military is "in a state of full alert."
Meanwhile, tensions along shipping routes have kept Brent crude oil at around $106 per barrel, while the yield on 10-year U.S. Treasury bonds has risen to 5.25%.
Bitcoin struggles to return above $84,000
Despite the slowdown in capital outflows of ETF, the price of Bitcoin continues to fall. Since last week, the price of BTC has dropped from around $87,000 to $80,395, and then rebounded to $84,352 this week.
However, this rebound was not sustained, and Bitcoin subsequently fell back below $81,000, reaching a low of nearly $80,250.
The next move of Bitcoin will depend on whether the outflow of ETF funds continues to ease, as well as whether economic and geopolitical tensions subside.
Currently, Bitcoin needs to regain the level of $84,000 in order to stabilize and avoid further declines.
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