Bitcoin and Ethereum spot exchange-traded funds (ETFs) recorded combined net outflows of $635 million during the trading week of October 26–30. Bitcoin funds lost $203 million, with Fidelity's FBTC accounting for $166 million of the withdrawals, while Ethereum funds saw $432 million leave, extending their withdrawal streak to five consecutive weeks.

A net outflow means withdrawals from a fund exceeded new deposits over the period, and weekly flow tallies like these are among the regularly published measures of demand for crypto exposure through spot ETFs, which hold the underlying asset directly. Historical Bitcoin ETF flow data since 2024 shows repeated swings between inflows and outflows, reflecting changing institutional demand.

Fidelity's FBTC Leads Bitcoin ETF Withdrawals

Bitcoin spot ETFs registered net withdrawals throughout the reported trading week, which ran from October 26 through October 30. Fidelity's FBTC posted the largest individual outflow at $166 million, representing the majority of the $203 million in weekly net withdrawals across Bitcoin ETFs. The available figures do not break down the remaining funds' individual contributions.

Ethereum spot ETFs saw weekly outflows more than double those of Bitcoin funds. The $432 million loss extended the products' withdrawal pattern to five straight weeks, and upcoming weekly reports will show whether that streak continues.

Historical Flows Show Repeated Inflow and Outflow Swings

The historical chart of Bitcoin spot ETF flows spans January 12, 2024, through November 2026. Green bars mark daily inflows, red bars show withdrawals, and a yellow line tracks Bitcoin's price.

Flows remained mostly positive in early 2024, with several sessions exceeding $500 million and a March spike that approached $1 billion. Withdrawals appeared intermittently between June and October of that year. Inflows strengthened in November 2024, including one session of approximately $1.35 billion, and early 2025 maintained strong participation before an outflow approaching $1 billion emerged around March.

2025 and 2026 Bring Further Flow Volatility

Inflows recovered between April and September 2025, with multiple sessions above $500 million and an August spike near $1.2 billion. Withdrawals became more frequent during the final months of that year.

ETF activity stayed uneven through 2026. Several large inflows occurred between March and September, including a September spike close to $1 billion, followed by renewed withdrawals with some daily outflows reaching approximately $650 million.

The chart shows ETF flows shifting repeatedly during periods of changing Bitcoin prices, with strong inflows not always coinciding with uninterrupted price increases. The latest weekly figures add another stretch of withdrawals to that longer record of shifting fund flows, and the next round of weekly flow data will show whether the current withdrawal phase extends further.