BTC
ETH
SOL
XRP
BNB
TON
DOT
LTC
POL
HBAR
NEAR
ARB
UNIBitcoin ETFs lose $138m as BlackRock's IBIT leads Friday outflows
US spot Bitcoin ETFs shed $138m on Friday after more than $1bn of early-week inflows reversed, while ether funds returned to modest inflows and Zcash extended its run.
Why it matters: The figures show institutional crypto demand is still active but selective, with large flows reversing within days and capital rotating towards smaller products such as Zcash.
Key points
- Bitcoin ETFs lost $138m on 23 October, with BlackRock's IBIT accounting for $110m of the outflows and Fidelity's FBTC $31.8m.
- Ether ETFs took in $4.35m with no fund recording an outflow, and Grayscale's ZCSH drew $20.5m for a third straight day of Zcash inflows.
- Bitcoin ETFs had attracted over $1bn from Monday to Wednesday before $635m left on Thursday.
US spot Bitcoin ETFs closed Friday with $138m in net outflows, according to Bitcoin.com News, ending a week in which more than $1bn of early inflows reversed sharply. BlackRock's IBIT led the selling at $110m, with Fidelity's FBTC shedding $31.8m and Morgan Stanley's MSBT the only fund to add money, at $4.19m. Trading value fell to $1.33bn and net assets closed at $104bn.
The Bitcoin ETF outflows followed a strong start to the week, with over $1bn entering from Monday to Wednesday. Thursday then brought a $635m withdrawal and Friday another $138m.
Ether ETFs recorded a modest $4.35m net inflow, with Fidelity's FETH adding $3.58m and Morgan Stanley's MSSE $773,440, and no fund posting an outflow. Trading activity was $393m and net assets $14.6bn. Zcash remained a bright spot: Grayscale's ZCSH took in $20.5m for a third consecutive day of inflows, lifting net assets to $707m, while Bitwise's NRR added $992,690 to NEAR ETFs. XRP, solana and HYPE funds saw no net flows.
Separately, Franklin Templeton has registered two Nasdaq-listed ETFs built around a 95% US equity and 5% Bitcoin allocation, with dividends from the equity portion directed into Bitcoin and quarterly rebalancing. Bitcoin.com News frames the filing as a sign that Bitcoin is moving further into traditional portfolio construction.
Live updates on NewsFeeds:ETFsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.