Reviewed by Reviewed by Jibin Mathew George Updated 18:00 EDT October 10, 2026 Share Share Share Back to Top After 2 years and 9 months of Spot Bitcoin [BTC] ETFs being launched, the demand for the first-ever crypto ETF is perhaps gradually slowing down. However, despite the turtle movement, BTC ETFs still continue to support Bitcoin’s price recovery, according to Ecoinometrics
Over the last 30 days, net inflows into Bitcoin ETFs have remained positive at approximately 30,000–40,000 BTC. However, the pace of these purchases has weakened as Bitcoin recently consolidated above $80,000, suggesting that buying pressure may be losing momentum
Still, Ecoinometrics noted that this slowdown is relatively mild compared to previous periods when ETF demand reversed sharply
For now ETF demand is still supporting Bitcoin’s recovery. But that better not last too long
The timing here is interesting as just recently, Bitcoin ETF flows showed significant volatility between 1st October and 9th October
According to Farside investors, on 1st October, Bitcoin ETFs recorded net inflows of $102.7 million, led by BlackRock’s IBIT with $195.6 million
Inflows strengthened on 2nd October, reaching $189.9 million, supported by $158.2 million entering IBIT and $29.3 million into FBTC. However, sentiment weakened on 5th October, when ETFs recorded $89.8 million in net outflows. On 6th October, flows recovered to $118.8 million in net inflows
Meanwhile, selling pressure intensified on 7th October, with total net outflows reaching $484.9 million, including $207.7 million from IBIT and $105.1 million from FBTC. Then, on 8th October, another $244.1 million flowed out, led by $197.1 million in FBTC outflows
Lastly, by 9th October, flows turned slightly positive at $21.1 million, as IBIT attracted $22.4 million and VanEck’s HODL received $2.3 million, offsetting modest FBTC outflows. Overall, the period highlighted weakening and inconsistent Bitcoin ETF demand, with the brief 9th October recovery offering only limited evidence of renewed buying strength
On the other hand, other crypto ETF flows have seen mixed fortunes in October so far, reflecting differing investor sentiment across digital assets
Ethereum [ETH] ETFs, for instance, recorded the largest withdrawals, with cumulative outflows reaching $634.80 million. This hinted at sustained selling pressure
On the contrary, Binance [BNB] ETFs attracted $98.89 million in inflows, alluding to comparatively stronger investor demand. XRP ETFs also recorded positive flows, bringing in $12.09 million during the period
Meanwhile, Solana [SOL] ETFs saw $29.42 million in outflows, pointing to some investor withdrawals despite sustained interest in the ecosystem. Hyperliquid [HYPE] ETFs also saw modest outflows of $1.09 million
As it stands, many other altcoins are filling their respective ETFs proposals with the U.S. Securities and Exchange Commission (SEC). The SEC recently approved Cboe BZX’s proposed rule change, clearing a listing hurdle for 3x daily leveraged ETFs tied to Bitcoin (BITH), Ethereum (ETHK), gold (GDLU), silver (SLVK), crude oil (OILY), and natural gas (NATX)
Ishika Kumari is a Crypto Analyst at AMBCrypto, specializing in regulatory developments, market dynamics, and blockchain’s real-world impact. She breaks down complex protocols and legislation into practical, easy-to-understand insights
