Bitcoin spot ETFs post $244.1 million in net outflows on Oct. 8

AI Market Summary

Bitcoin spot ETFs saw $244.1m in net outflows on Oct 8, led by a $197.1m withdrawal from Fidelity's FBTC, with additional outflows from ARKB, BITB, IBIT and GBTC; only Franklin's EZBC posted a small inflow. The flow reversal signals softer marginal institutional demand and can pressure near-term liquidity and sentiment around BTC and ETF-linked positioning.

Impact level

● Medium

Affected assets

BTC/USDT-0.56%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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Bitcoin spot exchange-traded funds (ETFs) saw a combined net outflow of $244.1 million on Oct. 8, according to figures compiled by Trader T (@thepfund). Fidelity's FBTC accounted for the bulk of redemptions, with $197.1 million leaving the fund in a single session. Ark's ARKB recorded $20.29 million in outflows, followed by Bitwise's BITB at $17.71 million, BlackRock's IBIT at $5.5 million and Grayscale's GBTC at $8.2 million. Franklin's EZBC was the only fund to register net inflows, adding $4.71 million.

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