Bitcoin ETFs Rebound With $119 Million Inflow as Ether Outflows Grow
US spot Bitcoin (BTC) exchange-traded funds returned to positive territory on Tuesday, October 6, 2026, pulling in $119 million in net inflows. This turnaround reversed a $90 million net loss recorded on Monday. Despite the renewed interest in Bitcoin funds, the price of the digital asset slid from over $86,600 down to under $84,000 during Tuesday's trading, representing a 2.1% decline over a 24-hour period to trade at $83,971.
The price decline amid positive ETF inflows highlights a tug-of-war in the market. The digital currency's recent recovery has triggered a wave of profit-taking because the current price is significantly higher than the estimated average cost basis of $68,900 for active traders. Meanwhile, other areas of the crypto ETF market experienced divergent trends. Ether (ETH) ETFs saw their outflows accelerate dramatically, with $202 million exiting the funds on Tuesday alone—up from $51 million on Monday—bringing total outflows during a six-day losing streak to approximately $408 million.
Investors will want to watch whether new buying demand can successfully absorb the ongoing profit-taking pressure to sustain a price recovery. Additionally, market participants will be monitoring the performance of other crypto funds; on Tuesday, XRP ETFs drew in $3.1 million in net inflows, whereas Solana (SOL) ETFs lost $3.7 million, and Zcash (ZEC) ETFs remained flat after two days of previous outflows.
Key points
- US spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing a $90 million loss from Monday.
- Bitcoin's price dropped 2.1% over 24 hours to $83,971, down from a high of over $86,600.
- Ether ETFs extended their losing streak to six days, losing $202 million on Tuesday for a total of $408 million in outflows.
- Active traders are taking profits as Bitcoin's price sits well above their estimated average cost basis of $68,900.
- Other crypto funds showed mixed results, with XRP ETFs gaining $3.1 million and Solana ETFs losing $3.7 million.
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How we writeDisclaimerQuestions and answers
Why did Bitcoin ETFs see inflows while the price of Bitcoin fell?
While Bitcoin ETFs brought in $119 million on Tuesday, the price of Bitcoin fell 2.1% to $83,971 because active traders took profits. The price was trading at a substantial premium compared to the traders' estimated cost basis of $68,900.
How much money has left Ether ETFs recently?
Ether ETFs have experienced a six-day streak of net outflows, including $202 million on Tuesday alone. This brought the total outflows over this period to approximately $408 million.
How did other cryptocurrency ETFs perform?
Other crypto ETFs had mixed results on Tuesday. XRP ETFs brought in $3.1 million in net inflows, Solana ETFs saw $3.7 million in outflows, and Zcash ETFs recorded no net flows.