Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published • loading... • Updated

Bitcoin ETFs Lose $90M as BTC Trades 32% Below ATH

SoSoValue said the funds lost $89.9 million as BlackRock’s IBIT drew $69.9 million and ARK Invest and 21Shares’ ARKB posted the biggest outflow.

  • Bitcoin exchange-traded funds shed $89.9 million on Monday, reversing two days of inflows as the asset slipped below $86,000, trading roughly 32% below its October 2025 all-time high.
  • Trading between roughly $83,000 and $87,000, Bitcoin has created a narrow technical battleground that has seen buyers and sellers repeatedly clash over the past two weeks.
  • Analyst Ali Martinez identified support between $83,300 and $84,600, where roughly 1.59 million BTC changed hands, and he noted that clearing $86,700 could put $100,000 back into focus.
  • Ether funds recorded roughly $51 million in net outflows on Monday, extending a five-day losing streak that saw these products lose a combined $206 million.
  • The Federal Reserve's October 27–28 meeting and President Donald Trump's proposed $5,000 dividend to U.S. adults are key catalysts traders are monitoring while awaiting clearer market direction.
Insights by Ground AI

13 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

MyCryptoParadise broke the news on Tuesday, October 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal