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.
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.
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.
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