Key Takeaways
- • US spot Bitcoin ETFs posted a provisional net weekly inflow of about $301.2 million for the week ending October 23, 2026, per Farside Investors data, snapping a two-week losing streak.
- • Bitcoin ETFs took in $1.0747 billion from Monday through Wednesday, but outflows of $635.6 million on Thursday and $137.9 million on Friday reversed roughly three-quarters of that buying.
- • Friday's Bitcoin redemptions were led by BlackRock's IBIT ($110.3 million) and Fidelity's FBTC ($31.8 million), while Morgan Stanley's MSBT recorded a $4.2 million inflow.
- • Spot Ether ETFs posted a provisional weekly outflow of about $220.7 million, a fourth consecutive losing week, and October Ether outflows reached roughly $1.18 billion.
- • The weekly figure is provisional: Farside displayed a dash for VanEck's Friday entry, which has not been converted into a confirmed zero, so later updates could move the total.
Summary
The selloff coincided with broader risk-off conditions. Global markets slid midweek as oil rose above $111 a barrel and AI stocks fell. Bitcoin closed the week down 1.2%, at $80,490 on Saturday, while Ethereum fell 2.6% to roughly $2,344, Solana dropped 2.8% to about $101, and total crypto market capitalization slipped 1.2% to $2.79 trillion. For October as a whole, Bitcoin ETFs remained in net outflow of about $314 million, as Thursday's session, the largest daily withdrawal of the month, erased a brief midweek move into positive territory.
Friday's Bitcoin redemptions were concentrated in two products: BlackRock's IBIT at $110.3 million and Fidelity's FBTC at $31.8 million. Morgan Stanley's MSBT recorded a $4.2 million inflow. The total remains provisional. Farside still showed a dash for VanEck's Friday entry in both its Bitcoin and Ether tables, and a dash is not a confirmed zero, so corrections could shift the weekly figure in either direction.
Ether funds moved the other way. US spot Ether ETFs logged a $4.4 million inflow on Friday but a $110.6 million outflow on Thursday, leaving a provisional weekly outflow of $220.7 million, their fourth consecutive losing week and about $1.18 billion of October outflows. Solana ETFs recorded no net flows on Friday after shedding $8.9 million on Thursday and were down about $68 million for the month.
Longer-horizon figures remain strongly positive. Per Decrypt, Bitcoin ETFs have drawn $57.6 billion in cumulative net inflows since debuting in January 2024 and hold $100.2 billion in total net assets. Ethereum funds have taken in $12.7 billion since launching. DWF Labs, in research cited by the article, found net outflows in seven of the eight Bitcoin sell-offs of at least 15% since the spot funds launched, a pattern the firm said suggests ETF investors are not the dip buyers they are often assumed to be. Weekly netted flows do not show who bought or sold, and daily prints are noisy. The next five sessions will indicate whether fresh subscriptions can rebuild the demand lost on Thursday and Friday.
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