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Bitcoin ETFs Suffer Worst Loss Since June as Uptober Turns Red

Decrypt·October 8, 2026·1 min read
Bitcoin ETFs Suffer Worst Loss Since June as Uptober Turns Red

Investors pulled $484.9 million from spot Bitcoin ETFs in a single day, the worst outflow since June. Oil near $100 and bond yields at their highest since 2002, with the Fed still hiking, pressured risk assets. The 'Uptober' rally turned red as macro headwinds weighed on crypto sentiment.

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