US spot Bitcoin ETFs closed the week ending October 23 with $301.2 million in net inflows, according to data from Farside Investors. BlackRock's IBIT supplied $565.7 million of that total — more than the entire market's combined gain — while Fidelity's FBTC and ARK 21Shares' ARKB posted net weekly outflows. The complex's return to positive territory rested on a single fund: IBIT outweighed every other ticker in the group. Weekly tallies like this one net creation and redemption activity across every listed ticker each session — a mechanic that lets a single dominant fund swing the group's aggregate from red to green, as this week demonstrated.

IBIT Drove Early-Week Buying

Farside's ledger shows US spot Bitcoin ETFs absorbed roughly $1.07 billion across the first three sessions of the week. On October 19, the complex booked $526.7 million in net inflows, driven solely by IBIT.

Activity cooled on Tuesday, when total inflows fell to $23.2 million. IBIT added another $29.9 million and FBTC took in $3.6 million, though Bitwise's BITB lost $10.3 million, cutting into those buys.

October 21 was the week's second-largest session at $524.8 million, with IBIT leading at $235 million. FBTC followed with $212.7 million, while Grayscale's GBTC and Bitwise's BITB added $32.6 million and $19.2 million, respectively. Smaller inflows into ARKB, EZBC, and Grayscale's Bitcoin Mini Trust rounded out the day.

Rival Funds Hit by Heavy Midweek Withdrawals

After three days of inflows, the tape flipped on Thursday, October 22, when five funds logged combined outflows of $635.6 million. IBIT led the exits at $254.1 million, FBTC followed with $217.5 million, and ARKB lost another $109.4 million. That session set up the Friday Bitcoin ETF outflows of $137.9 million.

Friday delivered a further $137.9 million in reported net outflows. IBIT shed $110.3 million and FBTC recorded $31.8 million in exits, while Morgan Stanley's MSBT attracted $4.2 million — only a partial offset. Friday's figures remained open as of October 24, because VanEck's HODL had not yet reported.

Even so, IBIT finished the week with $565.7 million in net inflows, a haul that topped the market's entire $301.2 million gain.

Two-Week Outflow Streak Snapped

Among rival funds, FBTC took the largest weekly hit at $116.6 million. ARKB followed with $99.6 million in outflows, and GBTC fell $51.8 million. IBIT's Friday exits equaled about 0.17% of its reported $65.88 billion in net assets — a pullback that did not erase the fund's earlier bid.

The latest weekly inflow also marked a turnaround from recent weakness. Farside's data shows Bitcoin ETFs lost $678.9 million in the week that began October 5, with another $228.4 million leaving the following week — $907.3 million combined. The latest $301.2 million inflow recovered roughly one-third of that drawdown.

For Bitcoin flow watchers, the week showed that the complex can print a green aggregate even when most individual tickers remain in the red. Since the products began trading in January 2024, these session-by-session disclosures have offered one of the clearest running records of how demand for bitcoin through brokerage accounts is distributed across issuers. The next few prints on Farside's ledger will show whether the bid broadens beyond IBIT or stays concentrated in a single ticker.

Source: Live Bitcoin News