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AI summary of a third-party reportBearishNewsDesk

Bitcoin ETFs lose $203m for the week as Friday selling erases inflows

Bitcoin ETFs swung to a $203m weekly outflow after a $643m redemption on Friday wiped out four days of buying, while ether funds shed $432m.

Why it matters: The figures show how quickly institutional positioning around Bitcoin can reverse, and that crypto ETF demand is narrowing towards selected products rather than disappearing.

InvestIn.News NewsDesk · 1 min read
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Picture from Bitcoin.com News for: Bitcoin ETFs lose $203m for the week as Friday selling erases inflows
Image: Bitcoin.com News
Original reporting: Emmanuel Musa, Bitcoin.com News

Key points

  • Bitcoin ETFs took in $441m from Monday to Thursday before a $643m Friday withdrawal, Bitcoin.com News reports.
  • BlackRock's IBIT still ended the week up $177m, while Fidelity's FBTC lost $166m and Ark & 21Shares' ARKB shed $130m.
  • Ether ETFs fell for a fifth straight week and solana funds posted a record $71.5m weekly outflow.

Bitcoin ETFs lost $203m in the week through 30 Oct after a sharp reversal on Friday undid four sessions of inflows, Bitcoin.com News reports. Funds had pulled in $441m from Monday to Thursday before $643m left on Friday, with turnover across Bitcoin ETFs rising to $6.35bn.

The fund-level figures were mixed. BlackRock's IBIT finished the week with $177m in net inflows despite losing $234m on Friday, while Fidelity's FBTC ended $166m lower, Ark & 21Shares' ARKB lost $130m and Grayscale's GBTC shed $53.3m. The previous week had brought in about $305m.

Ether and solana outflows

October closed with roughly $515m in Bitcoin ETF withdrawals, ending three straight positive months that had drawn more than $6.2bn combined. Ether funds fared worse, losing $432m in a fifth consecutive negative week and about $1.65bn over that run, with every session from Monday to Friday in the red.

Solana ETFs recorded their largest weekly outflow on record at $71.5m, a fourth straight negative week. Zcash funds stood out by attracting $17.7m, while XRP ETFs added $4.32m, HYPE was close to flat and NEAR posted its first negative week since launch at $3.43m.

Read the full story on Bitcoin.com News

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.

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