Bitcoin Slips Below $80,000 As Ether Fund Withdrawals Continue

Bitcoin traded below $80,000 on 27th October 2026 while Ether held just above $2,300. Both coins were losing ground, despite the latest US fund figures showing some money returning to Bitcoin products.

At about 07:00 UTC, CoinGecko's market data put BTC at $79,542, down 0.64% over 24 hours, and ETH at $2,301.71, down 0.74%.

The weakness extends beyond one day's trading. CoinGecko reported weekly losses of 2.6% for Bitcoin and 3.9% for Ether. Over 30 days, BTC was down 5.8%, while ETH had lost 14.9%. Ether's steeper fall means it has given up considerably more ground over the month, even though the two coins' latest daily losses look similar.

Five consecutive days of lower closes

Coinbase's daily records for Bitcoin and Ether show that both assets closed lower on each day from 22nd to 26th October, measured in UTC.

Bitcoin ended 21st October at $84,024.67, then finished 26th October at $80,008.79. ETH fell from $2,471.78 to $2,320.34 across the same closes. That left BTC down 4.8% and Ether down 6.1% over those five days.

Monday's close had kept Bitcoin narrowly above $80,000. By Tuesday morning, both CoinGecko and Coinbase were quoting it below that level. Ether was also below Monday's close and back near $2,300.

Money returns to Bitcoin ETFs

US Bitcoin exchange-traded funds (ETFs) brought in $110.3 million more than investors withdrew on 26th October, according to Farside Investors. These funds let investors gain exposure through shares traded on stock exchanges. BlackRock's IBIT accounted for all of Monday's net inflow.

That was a modest recovery after investors pulled $635.6 million from Bitcoin ETFs on Thursday and another $137.9 million on Friday. Together, those withdrawals totalled $773.5 million. Monday's inflow replaced only a small part of the money that had left.

For Ethereum ETFs, the withdrawals continued. Investors pulled $104.7 million from BlackRock's ETHA on Monday. Fidelity's FETH attracted $16.1 million, but that was not enough to offset the money leaving BlackRock's fund. Across the Ethereum ETFs, $88.6 million more went out than came in.

The gap was also visible across the six US trading sessions from 19th to 26th October. Bitcoin ETFs attracted a net $411.5 million, helped by strong inflows on 19th and 21st October. ETH ETFs lost a net $309.3 million over the same period. Their two days of inflows were outweighed by withdrawals on the other four.