{"id":237776,"date":"2026-10-09T17:11:16","date_gmt":"2026-10-09T17:11:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=237776"},"modified":"2026-10-09T17:11:16","modified_gmt":"2026-10-09T17:11:16","slug":"bitcoin-etfs-shed-729m-in-two-days-as-investors-reverse-course","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=237776","title":{"rendered":"Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course<\/a><\/p>\n

<\/div>\n

U.S. investors this week reversed course, cashing out $729 million from spot bitcoin exchange-traded funds \u2014 putting downward pressure on the leading cryptocurrency\u2019s price.\u00a0<\/p>\n

Funds managed by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares all experienced significant outflows on Wednesday and Thursday, according to data from Farside Investors.\u00a0<\/p>\n

Investors had started the week by selling close to $90 million in shares but then bought nearly $119 million on Tuesday.\u00a0<\/p>\n

The rest of the week has seen outflows following news that the Federal Reserve may raise interest rates. Other negative news includes the price of Brent crude jumping following renewed<\/a> attacks on tankers in the Strait of Hormuz.\u00a0<\/p>\n

U.S. President Trump also hinted<\/a> that talks with Iran weren\u2019t bearing fruit \u2014 a sign war in the Middle East could continue.\u00a0<\/p>\n

Bitcoin\u2019s price<\/a> recently stood at a little over $82,688, down more than 3% over a seven-day period. The leading cryptocurrency has rebounded slightly over the past day, jumping nearly 2% over 24 hours.\u00a0<\/p>\n

Still, the coin was fast closing in on $90,000 last week. Investors are expecting decent returns as the month dubbed \u201cUptober\u201d has historically delivered for bitcoin speculators.\u00a0<\/p>\n

The price of bitcoin has been particularly sensitive to geopolitical headwinds this year \u2014 especially since the U.S. and Israel attacked Iran, leading to an oil price surge.\u00a0<\/p>\n

Oil prices going up tend to lead investors to bet on the Federal Reserve raising<\/a> interest rates. And with higher interest rates comes less liquidity for the price of bitcoin to do well.\u00a0<\/p>\n

Still, that\u2019s not always the case: the Fed last month talked tough on getting inflation down and raised interest rates by a quarter of a percentage point and bitcoin\u2019s price rose in the following days.\u00a0<\/p>\n

Bitcoin\u2019s price is 34% below the all-time high of $126,080 it touched in October. It has spent most of 2026 in a bear market but analysts are now increasingly pointing to evidence of a bull market following a rally in August and September.\u00a0<\/p>\n

This post Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course U.S. investors this week reversed course, cashing out $729 million from spot bitcoin exchange-traded funds \u2014 putting downward pressure on the leading cryptocurrency\u2019s price.\u00a0 Funds managed by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares all experienced significant outflows on Wednesday and Thursday, […]<\/p>\n","protected":false},"author":0,"featured_media":237777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-237776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/237776"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=237776"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/237776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/237777"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=237776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=237776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=237776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}