Bitcoin traded near $83,462 on the morning of October 1, up about half a percent over 24 hours, after a cooler August PCE report had pushed the price to roughly $85,600 on Wednesday. The move faded as the 10-year Treasury yield rose to 5.29%.
U.S. spot Bitcoin exchange-traded funds recorded a $148.69 million net outflow on September 30. That print ended a nine-session inflow run that had added about $3.1 billion. Fidelity’s FBTC accounted for $125.58 million of the day’s redemptions. Bitwise’s BITB lost $13.63 million. BlackRock’s IBIT lost $9.48 million.
September still closed with about $2.65 billion of net inflows into the spot complex, and the third quarter finished with a gain of about 43% for the token. Market capitalization sat near $1.67 trillion, with circulating supply around 20.09 million BTC and dominance near 58.6% on the same morning boards. DiarioBitcoin printed $83,675 with 24-hour volume of $36.75 billion, about 22% above the 30-day average.
Key takeaways
- Bitcoin near $83,462 on October 1 after a Wednesday spike to about $85,600.
- U.S. spot ETFs posted a $148.69 million net outflow on September 30, the first negative day in 10 sessions.
- FBTC −$125.58 million, BITB −$13.63 million, IBIT −$9.48 million; September inflows still about $2.65 billion.
Why the $148.69 million outflow did not erase the September bid
The Wednesday redemption is large next to Tuesday’s $66.2 million inflow, but it is a fraction of the $999 million creation day on September 21. Price also did not give back the quarter. Bitcoin remains about 34% below the October 6, 2025 high near $126,149, and several desks still mark a cost-basis band between $82,000 and $85,400.
August PCE rose 3.4% from a year earlier. Core PCE rose 3.0%, under the 3.3% economists had expected. The first reaction was a bid. The second was the bond market: a 5.29% 10-year is a tight constraint on how far a risk asset can run on one inflation print.
Primary figures here come from the October 1 session tables summarized by Blockchain Reporter and the October 1 open note at DiarioBitcoin. Issuer-level creations and redemptions can differ by tens of millions depending on which tracker prints first.
What to watch next
The next macro print that desks are marking is the U.S. jobs report. A softer labor number would ease the 5.29% yield; a stronger one would keep the $82,000–$85,400 range intact. October 1 is also a wirehouse rebalance date, so the first full-week flow total matters more than a single Wednesday redemption.