Bitcoin ETFs end two-day outflow streak

US spot bitcoin exchange-traded funds returned to net inflows on Friday 9 October 2026, taking in about 21.1 million dollars. The small gain followed two days of heavy redemptions, about 485 million dollars on Wednesday and 244 million dollars on Thursday, which together removed roughly 730 million dollars from the funds.

Bitcoin itself steadied after Thursday's sell-off, briefly rising to around 83,400 dollars before trading in a narrow range near 82,600 dollars, with trading volumes shrinking.

Fund-by-fund picture

Friday's inflow was led by BlackRock's iShares Bitcoin Trust, which added about 22.4 million dollars, and VanEck's fund, which added about 2.3 million dollars. Fidelity's bitcoin fund recorded an outflow of about 3.6 million dollars. Over the first seven trading days of October, bitcoin ETFs were still down about 386 million dollars in net terms.

Ether and solana funds keep losing money

Ether ETFs recorded their ninth straight session of withdrawals, bringing October outflows to about 635 million dollars. The largest single day was 6 October, when about 202 million dollars left the funds. Solana ETFs had a smaller monthly deficit of about 24.8 million dollars, with only one positive session so far this month. XRP funds were the exception and recorded no outflow days during the week.

The bigger picture

The October weakness follows a strong September, when bitcoin ETFs saw a run of inflows worth around 3 billion dollars. Since their launch in January 2024, US spot bitcoin ETFs have gathered roughly 57 billion dollars in net inflows and hold about 100 billion dollars in assets, which makes them the largest group of crypto investment funds. Daily flows are widely followed as a gauge of institutional demand, but single days can swing sharply in either direction.

Why flows swing so sharply

ETF flows reflect the decisions of many different investors at once, from financial advisers rebalancing client portfolios to trading firms adjusting short-term positions. Large outflows often follow sudden price drops, while inflows can return once prices stabilise. Because of this, analysts tend to look at weekly and monthly trends rather than at any single trading day.

Regulation keeps shaping the market

Outside the US, Thailand has issued 11 rules for domestic crypto ETFs that take effect on 16 October; at first these funds may hold only bitcoin or ether. In the US, the Securities and Exchange Commission plans a dedicated crypto session for investment advisers at its November compliance conference.

Why it matters for payments

ETF flows do not move money through payment networks directly, but they influence how banks, advisers and regulators view digital assets. Wider access through regulated funds tends to bring clearer rules on custody and reporting, which also affects stablecoin and digital-asset payment services. This article is for information only and is not investment advice.

What to watch next

Analysts will watch whether bitcoin funds can string together several days of inflows and whether ether ETFs post their first inflow since late September. A return of steady outflows would suggest Friday was only a short pause.

What it means for ODIX Pay users

ODIX Pay does not offer ETFs or bitcoin trading; its app focuses on everyday money services such as international transfers. If you are asking what is a stablecoin, it is a digital token built to keep a steady value, usually one US dollar. In the ODIX Pay app you can buy crypto with a credit card or debit card, choosing the dollar stablecoins USDT or USDC. Availability depends on your country, and every fee is shown before you confirm. See how to buy USDT and USDC with your card.