UPDATE: Hotter US CPI triggers ETF outflows as Strategy Inc. faces MSCI scrutiny
CIE News ·
Update to U.S. spot Bitcoin ETFs see $82.41 million in net outflows on October 16
Based on reporting by Investing.com; not yet independently confirmed.
September CPI inflation of 3.7% pressured Bitcoin ETF flows, as BlackRock saw $71.78M in redemptions and Strategy Inc. met selling pressure over MSCI classification of its 848,250 BTC.
Higher-than-expected inflation data sparked fresh redemptions across crypto funds, following an earlier report that U.S. spot Bitcoin and Ethereum ETFs posted heavy net outflows on October 16, 2026. September year-over-year Consumer Price Index (CPI) inflation rose to 3.7%, beating forecasts and raising expectations of tighter monetary policy, bitsgap.com reported.
The macro pressure led to $82.39 million in net outflows from U.S. spot Bitcoin (BTC) ETFs, driven by $71.78 million pulled from BlackRock's iShares Bitcoin Trust (IBIT). Separately, institutional selling hit Strategy Inc. over MSCI scrutiny regarding the non-operating asset classification of the company's holdings of 848,250 BTC.
Key facts
- September CPI hit 3.7%
- $82.39M spot Bitcoin ETF outflows
- $71.78M pulled from BlackRock IBIT
- Strategy Inc. holds 848,250 BTC
Read the original at Investing.com