Spot Bitcoin ETFs see $82.39M net outflows on Oct 16, led by IBIT and FBTC withdrawals
Spot Bitcoin ETFs experienced a significant reversal on October 16, 2026, with net outflows totaling $82.39 million, primarily driven by $71.78 million withdrawn from IBIT and $10.61 million from FBTC. This shift follows a modest net inflow of $5.06 million recorded the previous day. Despite the daily outflows, cumulative net inflows for spot Bitcoin ETFs remain strong at $56.88 billion. The data highlights short-term volatility in investor sentiment toward Bitcoin ETFs but does not indicate a long-term trend change.
Spot Bitcoin ETFs experienced a significant reversal on October 16, 2026, with net outflows totaling $82.39 million, primarily driven by $71.78 million withdrawn from IBIT and $10.61 million from FBTC. This shift follows a modest net inflow of $5.06 million recorded the previous day. Despite the daily outflows, cumulative net inflows for spot Bitcoin ETFs remain strong at $56.88 billion. The data highlights short-term volatility in investor sentiment toward Bitcoin ETFs but does not indicate a long-term trend change.
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