Bitcoin, Ether ETFs Shed $549 Million in a Week as October Ether Outflows Near $1 Billion
Key Takeaways
- •U.S. spot Bitcoin and Ether ETFs recorded a combined $549 million in net outflows last week, with Ether funds accounting for $320 million and Bitcoin funds roughly $229 million.
- •Ether ETFs have posted approximately $955 million in October outflows, their largest monthly withdrawal total this year and approaching the $1 billion mark.
- •Weekly outflows slowed from the previous week, when Bitcoin and Ether funds together recorded $1.22 billion in net withdrawals.
- •Ether fell 5% over the past seven days to around $2,433, while Bitcoin dipped 1.3% to $82,783, according to CoinGecko data.
- •Both fund categories remain in positive territory year-to-date, with net inflows of about $259 million for Bitcoin ETFs and $610 million for Ether ETFs.
U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) recorded a combined $549 million in net outflows last week, as investors continued pulling money from the two largest categories of crypto funds. Net outflows mean withdrawals from the funds exceeded new investments over the period, and weekly flow figures are widely tracked as a gauge of investor demand for crypto exposure through regulated, exchange-listed vehicles.
Bitcoin ETFs posted roughly $229 million in weekly net outflows, according to SoSoValue data, while Ether funds saw even larger withdrawals of $320 million, per SoSoValue. The latest figures marked a second consecutive week of net losses for Bitcoin ETFs and a third for Ether products. Outflows slowed, however, from the previous week, when the two fund groups together recorded $1.22 billion in net withdrawals.
October has proven especially difficult for Ether funds. U.S. spot Ether ETFs have logged approximately $955 million in net outflows so far this month, more than in any other month this year, placing their October total within reach of the $1 billion mark. Whether that threshold is crossed will be settled by flow data from the remaining days of the month. Bitcoin funds, meanwhile, have now extended their weekly withdrawal streak to two weeks.
The sustained outflows have coincided with softer prices. Ether (ETH) fell 5% over the past seven days to around $2,433, while Bitcoin dipped 1.3% to $82,3 at the time of publication, according to CoinGecko data.
Despite the recent withdrawals, both fund categories remain in positive territory for 2026. Bitcoin ETFs have attracted roughly $259 million in net inflows year-to-date, while Ether ETFs have drawn about $610 million — figures indicating that inflows earlier in the year outweighed the recent stretch of withdrawals. Both products are also relatively new additions to U.S. markets: spot Bitcoin ETFs began trading in January 2024, with spot Ether ETFs following in July 2024.
Altcoin ETFs also recorded withdrawals during the week, according to SoSoValue data, though in far smaller amounts than the Bitcoin and Ether products. Solana (SOL) funds saw around $26 million in net outflows, followed by Zcash (ZEC) at $19 million and Hyperliquid (HYPE) at $18 million. XRP and BNB funds posted smaller outflows of $1.8 million and $285,000, respectively.
