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Crypto ETFs Lose $1.22B as XRP Defies Bitcoin, Ethereum Selloff

Reported by Thecoinrepublic
Oct 12, 2026· 3 min read
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Key Takeaways
  • • U.S. spot Bitcoin and Ethereum ETFs recorded approximately $1.22 billion in combined net withdrawals during the week ending Oct. 9, 2026, according to Farside Investors data cited by The Coin Republic.
  • • Bitcoin ETFs posted about $679 million in weekly net outflows, ending three consecutive weeks of inflows, with Wednesday's $484.9 million and Thursday's $244.1 million withdrawals driving the selling.
  • • Ethereum ETFs saw roughly $542 million in net withdrawals, with BlackRock's iShares Ethereum Trust (ETHA) accounting for most of the selling at about $477 million over five sessions.
  • • U.S. spot XRP ETFs attracted $11.31 million in weekly inflows per SoSoValue figures, diverging from the broader outflows even as XRP fell 6.04% over seven days to about $1.395.
  • • Hong Kong Exchanges and Clearing confirmed that the Pando Solana ETF (stock code 2831) begins trading on Oct. 13, 2026.
Summary
U.S. crypto exchange-traded funds faced renewed selling pressure during the week ending Oct. 9, 2026, as institutional fund flows diverged across major digital assets. Bitcoin and Ethereum ETFs recorded approximately $1.22 billion in combined net withdrawals, according to Farside Investors data reported by The Coin Republic. Bitcoin spot ETFs posted roughly $679 million in weekly net outflows, ending three consecutive weeks of positive flows. Selling accelerated midweek, with Wednesday recording $484.9 million in withdrawals and Thursday another $244.1 million. BlackRock's iShares Bitcoin Trust (IBIT) lost $207.7 million on Wednesday, while Fidelity's Wise Origin Bitcoin Fund (FBTC) shed $105.1 million that day and a further $197.1 million was withdrawn from Fidelity products on Thursday. Friday brought $21.1 million in net inflows. Bitcoin was priced at $82,546 on Oct. 9, down 2.31% over seven days, per CoinMarketCap. The article notes that ETF flows alone cannot establish the cause of the price decline.

Ethereum ETFs recorded approximately $542 million in net withdrawals over the same week, with BlackRock's iShares Ethereum Trust (ETHA) responsible for most of the outflows at roughly $477 million. The largest single-day exit came Tuesday, when investors pulled $201.9 million. Grayscale's ETHE lost $25.8 million on Wednesday. Ethereum funds did not record a positive aggregate session during the week. Ether traded near $2,486 on Oct. 9 after a 6.84% weekly decline, according to CoinMarketCap.

Against this backdrop, U.S. spot XRP ETFs attracted $11.31 million in weekly inflows, based on SoSoValue figures circulated by market observers. The inflows were small relative to Bitcoin and Ethereum redemptions and did not prevent XRP from falling to about $1.395 on Oct. 9, down 6.04% over seven days. Solana funds also recorded withdrawals during the period, according to Farside Investors data.

Outside the U.S., Hong Kong Exchanges and Clearing confirmed that the Pando Solana ETF will begin trading on Oct. 13, 2026, under stock code 2831, expanding local access to regulated Solana exposure. The listing does not guarantee immediate subscriptions or higher prices. Investors will next assess the U.S. ETF session on Oct. 12 and the Hong Kong launch for further evidence of demand across established and newer crypto products.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Thecoinrepublic Crypto ETFs Lose $1.22B as XRP Defies Bitcoin, Ethereum Selloff