October 9th 2026, 10:20 AM
Crypto Investors Pull Cash from Funds Amid October Woes
Key Summary
Crypto exchange-traded funds (ETFs) experienced a significant outflow of $311.9 million in a single day, according to CoinGlass data. This marks the latest in a series of outflows for the asset class, with Bitcoin and Ethereum funds bearing the brunt of the reversal. The October outflows build on a September surge, which saw over $3.3 billion flowing into crypto funds. Total crypto ETF assets under management now stand at approximately $117 billion, with 32 active products from 11 different issuers.
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Outflows
The Numbers Behind the Exodus
CoinGlass data reveals that the $311.9 million figure covers net flows across crypto ETFs, with withdrawals beating new deposits by that amount once everything was netted out.Largest Withdrawal in 30 Days
CoinGlass data flagged a $650.6 million outflow figure, reported around October 7-8, as the largest withdrawal seen in 30 days.Bitcoin and Ethereum Funds Impacted
Bitcoin spot ETFs have carried much of the weight, with one Thursday session in October posting $244 million in net outflows. Ethereum funds also piled on with a $72.5 million withdrawal.Cumulative October Outflows
Cumulative October outflows from Bitcoin ETFs approached $407 million, according to the research. Ethereum ETFs saw approximately $579 million in withdrawals by early October.September Surge to October Chill
Late September was a strong stretch for crypto funds, with more than $3.3 billion flowing into Bitcoin, Ethereum, Solana, and XRP ETFs. Bitcoin products alone pulled in $2.4 billion in a single week during that period.Total Crypto ETF Assets Under Management
As of mid-2026, total crypto ETF assets under management stood at approximately $117 billion. That pool was spread across 32 active products from 11 different issuers.CoinMarketCap Acquisition
CoinMarketCap acquired CoinGlass on September 25, 2026, and the platform has since become a key source of real-time crypto ETF flow information.#Crypto#US#Bitcoin#Ethereum#ETF#OctoberOutflows