#以太坊现货etf单日净流出1.61亿美元
In one trading day, $485 million fled—this is the most brutal mass exit from crypto ETFs since June 🦖
On October 7, U.S. spot Bitcoin ETFs saw a net outflow of $484.9 million in a single day, setting the largest one-day outflow record since June 25. Industry leader IBIT alone withdrew $207.7 million. Fidelity’s FBTC followed with a $105.1 million withdrawal. Even more painfully, this day nearly wiped out 81% of the funds laboriously accumulated over the previous nine trading days.
⚡ 有大动静群里说
On the same day, spot Ethereum ETFs recorded a net outflow of $161 million in one day. They’ve now bled for seven straight trading days. Since September 29, cumulative outflows total about $569 million. Put this in context—two months ago, nobody could have imagined a pace like this 💥
The real reason isn’t something inside the crypto market itself. The 30-year U.S. Treasury yield surged to around 5.7%, the highest since 2002. Brent crude’s settlement price is nearing $100. Stocks have slipped from historical highs. All three together steadily pull money out of risk assets.
The chain of events is actually quite straightforward: expensive oil pushes inflation higher; inflation pressures the Federal Reserve to stay hawkish; hawkishness then drives bond yields up further. So money starts doing the math: choose an asset that pays no yield and can drop 6% in a few days versus a 10-year Treasury yielding over 5%. Which one gets picked? 🦕
The Federal Reserve only raised rates in September—this was the first time since 2023. The meeting minutes show that most officials expect another hike later in the year. But the market doesn’t really buy it: CME’s interest-rate futures price the probability of an October hike at just 19.4%. Another forecasting platform gives only 17%.
The price reaction has been brutally honest. On Thursday, Bitcoin briefly crashed to $81,749.83, about 6% below this week’s earlier peak of $86,978. In the past 24 hours, liquidations across the entire market totaled about $429 million, with 87.5% of that hitting long positions. ⚠️
Even more interesting is the rhythm. In the first four trading days before October, ETFs were still net inflowing $321.6 million. Now, October overall has already flipped to a net outflow of $163.3 million. And in October—the month when Bitcoin had previously been on a winning streak for six years—only last year did it turn the first negative month, with a decline of 3.69%.
My take is: this isn’t really a crypto-only story. It’s a repricing of macro capital. As long as Treasury yields don’t come down and oil prices don’t come down, there’s still a reason for money to keep flowing out of crypto ETFs. But the reverse also holds—once either of these variables loosens, the rebound suppressed by the pressure could be extremely strong. The key timing is the Federal Reserve meeting on October 27–28.
Let’s discuss in the comments—do you think this is a gold mine (a dip buying opportunity), or the start of a full-scale retreat?
Tap the profile picture to watch the live stream.
Every day, I’ll take you through crypto market highlights—so you’re not just seeing what’s happening in the news, but also understanding the logic and opportunities behind it 👀🚀
In one trading day, $485 million fled—this is the most brutal mass exit from crypto ETFs since June 🦖
On October 7, U.S. spot Bitcoin ETFs saw a net outflow of $484.9 million in a single day, setting the largest one-day outflow record since June 25. Industry leader IBIT alone withdrew $207.7 million. Fidelity’s FBTC followed with a $105.1 million withdrawal. Even more painfully, this day nearly wiped out 81% of the funds laboriously accumulated over the previous nine trading days.
⚡ 有大动静群里说
On the same day, spot Ethereum ETFs recorded a net outflow of $161 million in one day. They’ve now bled for seven straight trading days. Since September 29, cumulative outflows total about $569 million. Put this in context—two months ago, nobody could have imagined a pace like this 💥
The real reason isn’t something inside the crypto market itself. The 30-year U.S. Treasury yield surged to around 5.7%, the highest since 2002. Brent crude’s settlement price is nearing $100. Stocks have slipped from historical highs. All three together steadily pull money out of risk assets.
The chain of events is actually quite straightforward: expensive oil pushes inflation higher; inflation pressures the Federal Reserve to stay hawkish; hawkishness then drives bond yields up further. So money starts doing the math: choose an asset that pays no yield and can drop 6% in a few days versus a 10-year Treasury yielding over 5%. Which one gets picked? 🦕
The Federal Reserve only raised rates in September—this was the first time since 2023. The meeting minutes show that most officials expect another hike later in the year. But the market doesn’t really buy it: CME’s interest-rate futures price the probability of an October hike at just 19.4%. Another forecasting platform gives only 17%.
The price reaction has been brutally honest. On Thursday, Bitcoin briefly crashed to $81,749.83, about 6% below this week’s earlier peak of $86,978. In the past 24 hours, liquidations across the entire market totaled about $429 million, with 87.5% of that hitting long positions. ⚠️
Even more interesting is the rhythm. In the first four trading days before October, ETFs were still net inflowing $321.6 million. Now, October overall has already flipped to a net outflow of $163.3 million. And in October—the month when Bitcoin had previously been on a winning streak for six years—only last year did it turn the first negative month, with a decline of 3.69%.
My take is: this isn’t really a crypto-only story. It’s a repricing of macro capital. As long as Treasury yields don’t come down and oil prices don’t come down, there’s still a reason for money to keep flowing out of crypto ETFs. But the reverse also holds—once either of these variables loosens, the rebound suppressed by the pressure could be extremely strong. The key timing is the Federal Reserve meeting on October 27–28.
Let’s discuss in the comments—do you think this is a gold mine (a dip buying opportunity), or the start of a full-scale retreat?
Tap the profile picture to watch the live stream.
Every day, I’ll take you through crypto market highlights—so you’re not just seeing what’s happening in the news, but also understanding the logic and opportunities behind it 👀🚀