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Crypto News: Bitcoin ETFs Bleed $261M for Seven Days, but Buyers Keep Pouring Into Pepeto From Pepe's Cofounder

Reported by Coingabbar
Oct 16, 2026· 2 min read
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Key Takeaways
  • • US spot bitcoin ETFs recorded net outflows of $261.46 million on October 14, their seventh straight day of selling, according to SoSoValue as cited by TokenPost. Cumulative net inflows remain at $56.96 billion.
  • • Fidelity's FBTC lost $152.73 million and BlackRock's IBIT lost $110.94 million that day, per Bloomingbit.
  • • Ether ETFs shed $130 million on the same day, with $110 million leaving BlackRock's ETHA.
  • • ETH traded at $2,431.62 on CoinGecko after a 3.6% weekly dip. Reaching its $4,953.73 record from August 24, 2025 would require a gain of about 104%.
  • • Much of the article promotes Pepeto, a presale meme coin. Its 161% APY and 100x price claims are promotional and unverified.
Summary
US spot bitcoin ETFs lost a net $261.46 million on October 14, according to SoSoValue as reported by TokenPost. Coinfomania said it was the seventh consecutive day of net selling for both bitcoin and ether funds. Despite the run, bitcoin funds still hold $56.96 billion more than they have taken out since launch. Bloomingbit reported that Fidelity's FBTC accounted for $152.73 million of the outflows and BlackRock's IBIT for $110.94 million.

Ether ETFs lost $130 million the same day, with $110 million coming from BlackRock's ETHA. ETH traded at $2,431.62 on CoinGecko, down 3.6% for the week. CoinMarketCap data cited in the article indicates that a return to the August 24, 2025 record of $4,953.73 would require a gain of roughly 104%.

In Kaspa, the KCC20 token standard entered its final review on October 13, according to BSC News. KAS traded at $0.03535 on CoinMarketCap, down 8.55% on the day, and sits about 83% below its $0.2075 record from August 1, 2024.

A large portion of the article is promotional material for Pepeto, a meme coin in presale that its cofounder, who is credited with creating the original Pepe, has been marketing. The piece cites a 161% APY staking rate, which it says moves daily, is not guaranteed, and depends on the reward pool and amount staked. It also cites analyst forecasts of 100x gains after listing and a claim that the presale has raised over $11.1 million. None of these figures were independently verified in the source material, and the article's recommendation to buy the token is promotional rather than analytical. The original Pepe reportedly reached a value above $11 billion in December 2024, per FXStreet, a figure that does not indicate the performance of the presale token.

Investors should treat the fund-flow data as the article's most verifiable content and evaluate Pepeto's claims independently, including its audit and KYC assertions, before acting on them.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Coingabbar Crypto News: Bitcoin ETFs Bleed $261M for Seven Days, but Buyers Keep Pouring Into Pepeto From Pepe's Cofounder