Digital asset investment funds saw $434 million in net outflows for the week ending October 16, 2026, according to a CoinShares report, reversing the previous week’s inflows. The selling followed hotter-than-expected US economic data in September: the Consumer Price Index rose 3.7% year-over-year and retail sales grew 0.8% month-over-month, well above forecasts. Gasoline prices accounted for about half of the monthly CPI increase. Bitcoin and broader digital asset prices declined as sentiment turned defensive after the data landed. Prediction markets put a 75% probability on the Fed holding rates steady at its October meeting, versus a 25% chance of a 25 basis point hike.
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