Global digital asset investment products experienced net outflows of $434 million for the week ending October 16, 2026. This shift followed the release of US economic data that exceeded market expectations.
The US Consumer Price Index for September increased by 0.6% month-over-month and 3.7% year-over-year, surpassing the consensus forecast of 3.6% annually. Gasoline prices contributed to approximately half of this monthly rise.
Retail sales in September grew by 0.8% month-over-month, significantly higher than the anticipated 0.3%. Additionally, August retail sales figures were revised upward to 1.3%.
The outflows from exchange-traded products coincided with a decline in Bitcoin and broader digital asset prices. As of October 15, prediction markets on Polymarket estimated a 75% probability that the Federal Reserve would maintain current interest rates at its October meeting.
