HedgeCo.Net — U.S. spot crypto exchange-traded funds started the week in the red. Bitcoin, ether and Solana products together lost about $117.9 million of net assets on Monday, October 5, 2026, according to Farside Investors data compiled by FinanceFeeds and Gate News, with all three spot-crypto ETF categories finishing the session in negative territory.
Bitcoin funds accounted for most of the move, with $89.8 million of net outflows. The selling was concentrated in two products: ARK 21Shares’ ARKB lost $85.2 million and Fidelity’s FBTC lost $74.5 million. BlackRock’s iShares Bitcoin Trust (IBIT) went the other way, taking in $69.9 million, and was the only bitcoin ETF tracked by Farside to post a positive flow; the remaining funds, including both Grayscale products, were flat for the session.
The reversal followed a short rebound. Bitcoin ETFs had drawn $102.7 million on October 1 and $189.9 million on October 2 after losing $148.7 million on September 30, leaving them with roughly $202.8 million of net inflows across the first three sessions of October despite Monday’s outflow. Ether ETFs fared worse, losing $18.9 million, all from Fidelity’s FETH, for a fifth consecutive day of outflows totaling about $174.1 million. Solana ETFs posted $9.2 million of withdrawals, led by a $7.1 million outflow from Bitwise’s BSOL.
The pattern reinforces the dominance of the largest issuer. Even on a net outflow day, IBIT continued to gather assets while competing funds lost them, suggesting that institutional allocators consolidating exposure are favoring the deepest, most liquid product. At the same time, flows into bitcoin funds have been choppy since September’s strong run, alternating between inflow and outflow sessions rather than trending.
For crypto fund managers and allocators, the takeaway is that ETF demand has not kept pace with bitcoin’s attempt to push higher, and that ether products remain under steady redemption pressure. Single sessions are noisy, but a sustained run of outflows from ether funds would point to investors continuing to treat ether as a tactical position rather than a core holding, while the concentration of bitcoin inflows in IBIT keeps fee and liquidity competition among issuers intense.
Bitcoin funds accounted for most of the move, with $89.8 million of net outflows. The selling was concentrated in two products: ARK 21Shares’ ARKB lost $85.2 million and Fidelity’s FBTC lost $74.5 million. BlackRock’s iShares Bitcoin Trust (IBIT) went the other way, taking in $69.9 million, and was the only bitcoin ETF tracked by Farside to post a positive flow; the remaining funds, including both Grayscale products, were flat for the session.
The reversal followed a short rebound. Bitcoin ETFs had drawn $102.7 million on October 1 and $189.9 million on October 2 after losing $148.7 million on September 30, leaving them with roughly $202.8 million of net inflows across the first three sessions of October despite Monday’s outflow. Ether ETFs fared worse, losing $18.9 million, all from Fidelity’s FETH, for a fifth consecutive day of outflows totaling about $174.1 million. Solana ETFs posted $9.2 million of withdrawals, led by a $7.1 million outflow from Bitwise’s BSOL.
The pattern reinforces the dominance of the largest issuer. Even on a net outflow day, IBIT continued to gather assets while competing funds lost them, suggesting that institutional allocators consolidating exposure are favoring the deepest, most liquid product. At the same time, flows into bitcoin funds have been choppy since September’s strong run, alternating between inflow and outflow sessions rather than trending.
For crypto fund managers and allocators, the takeaway is that ETF demand has not kept pace with bitcoin’s attempt to push higher, and that ether products remain under steady redemption pressure. Single sessions are noisy, but a sustained run of outflows from ether funds would point to investors continuing to treat ether as a tactical position rather than a core holding, while the concentration of bitcoin inflows in IBIT keeps fee and liquidity competition among issuers intense.
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