Key Takeaways
- • U.S. crypto ETFs tracked across five Farside Investors tables recorded $610.7 million in net outflows during Oct. 12–16, down from $1.29 billion the prior week, a 52.5% decline in weekly withdrawals.
- • Ethereum ETFs led the losses with $320.1 million in net outflows, of which BlackRock's ETHA accounted for $299 million, or 93.4% of the category's weekly outflow.
- • Bitcoin ETFs shed $228.4 million despite a $175.7 million inflow on Tuesday, with Wednesday's $261.4 million withdrawal the largest daily exit for the category.
- • Solana, Zcash and Hyperliquid products lost a combined $62.2 million, with every tracked Solana session negative for a second consecutive week.
- • Bitcoin and Ethereum together accounted for approximately 89.8% of the combined net withdrawals, according to Farside-based calculations.
Summary
U.S. crypto exchange-traded funds tracked across five Farside Investors tables recorded $610.7 million in net outflows during the October 12–16 trading week, according to calculations from Farside's daily figures. The total was down from $1.29 billion in the prior week, a decline of 52.5%. Every tracked category remained negative, although Bitcoin, Ethereum and Zcash recorded smaller losses than the preceding period.
Ethereum products were the largest source of withdrawals. Ethereum ETFs lost $320.1 million over the week, with four negative sessions and one positive day. Wednesday brought the largest single-day exit at $129.5 million. BlackRock's ETHA accounted for $299 million of the category's outflow. Fidelity's FETH attracted $10.5 million, while Grayscale's ETHE recorded an $18.3 million withdrawal and Grayscale's Ethereum Mini Trust lost $12.4 million. Separately, VanEck requested withdrawal of its proposed Lido Staked Ethereum ETF registration in an October 14 SEC filing; the company confirmed no securities had been issued under that registration.
Bitcoin ETFs lost $228.4 million for the week despite a strong Tuesday, when they attracted $175.7 million according to Farside. Wednesday's $261.4 million withdrawal exceeded that intake, and Friday ended with an $82.4 million exit. BlackRock's IBIT lost $165.4 million and Fidelity's FBTC shed $60.2 million, while Morgan Stanley's MSBT and Bitwise's BITB posted small inflows.
Solana, Zcash and Hyperliquid products together lost $62.2 million. Bitwise's BSOL accounted for $18.8 million of Solana's $25.5 million weekly loss, and every Solana session was negative. Zcash's ZCSH lost $19.2 million, and Hyperliquid products recorded $17.5 million in withdrawals. Tuesday was the only session in which combined flows were positive, with $194.3 million in net inflows after a $155.5 million outflow on Monday. Wednesday's $393.4 million withdrawal was the largest daily loss of the period.
A separate CoinShares update published October 16 reported $434 million in withdrawals from global digital asset investment products. That figure reflects a different product universe and reporting cutoff than the five U.S. ETF categories and is not directly comparable. CoinShares attributed its reported outflows to changing interest rate expectations following U.S. inflation and retail sales releases; Farside's tables do not assign causes to individual flows.
Ethereum products were the largest source of withdrawals. Ethereum ETFs lost $320.1 million over the week, with four negative sessions and one positive day. Wednesday brought the largest single-day exit at $129.5 million. BlackRock's ETHA accounted for $299 million of the category's outflow. Fidelity's FETH attracted $10.5 million, while Grayscale's ETHE recorded an $18.3 million withdrawal and Grayscale's Ethereum Mini Trust lost $12.4 million. Separately, VanEck requested withdrawal of its proposed Lido Staked Ethereum ETF registration in an October 14 SEC filing; the company confirmed no securities had been issued under that registration.
Bitcoin ETFs lost $228.4 million for the week despite a strong Tuesday, when they attracted $175.7 million according to Farside. Wednesday's $261.4 million withdrawal exceeded that intake, and Friday ended with an $82.4 million exit. BlackRock's IBIT lost $165.4 million and Fidelity's FBTC shed $60.2 million, while Morgan Stanley's MSBT and Bitwise's BITB posted small inflows.
Solana, Zcash and Hyperliquid products together lost $62.2 million. Bitwise's BSOL accounted for $18.8 million of Solana's $25.5 million weekly loss, and every Solana session was negative. Zcash's ZCSH lost $19.2 million, and Hyperliquid products recorded $17.5 million in withdrawals. Tuesday was the only session in which combined flows were positive, with $194.3 million in net inflows after a $155.5 million outflow on Monday. Wednesday's $393.4 million withdrawal was the largest daily loss of the period.
A separate CoinShares update published October 16 reported $434 million in withdrawals from global digital asset investment products. That figure reflects a different product universe and reporting cutoff than the five U.S. ETF categories and is not directly comparable. CoinShares attributed its reported outflows to changing interest rate expectations following U.S. inflation and retail sales releases; Farside's tables do not assign causes to individual flows.
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