Key Takeaways
- • US-listed crypto ETFs recorded combined net outflows of $164.8 million on Friday, October 16, 2026, across Bitcoin, Ethereum and Solana products, according to Farside Investors.
- • Bitcoin ETFs lost $82.4 million, Ethereum ETFs lost $69.7 million and Solana ETFs lost $12.7 million, with the daily total deteriorating from Thursday's combined $65 million outflow.
- • BlackRock's iShares Bitcoin Trust (IBIT) accounted for $71.8 million, about 87% of Bitcoin ETF redemptions, while its iShares Ethereum Trust (ETHA) accounted for the entire $69.7 million Ethereum outflow.
- • Across the five sessions from October 12 to 16, the three categories lost approximately $585.5 million combined, with Ethereum products accounting for roughly $320.1 million of that total.
- • The flows point to reduced net exposure through regulated products but do not by themselves establish a sustained decline in institutional cryptocurrency allocations.
Summary
US-listed cryptocurrency exchange-traded funds ended Friday, October 16, 2026, with combined net outflows of $164.8 million across Bitcoin, Ethereum and Solana products, according to Farside Investors. The result was a deterioration from Thursday's combined $65 million outflow, extending a difficult week for digital asset investment vehicles, even though Bitcoin funds had briefly returned to positive territory in the prior session.
Bitcoin ETFs recorded $82.4 million in net outflows on Friday, reversing Thursday's $5.1 million inflow. IBIT experienced $71.8 million in redemptions, while Fidelity's Wise Origin Bitcoin Fund (FBTC) accounted for the remaining $10.6 million, and other tracked Bitcoin products reported no net movement. The week was volatile, with $175.7 million in inflows on October 13 followed by $261.4 million in withdrawals on October 14. For the full trading week, Bitcoin ETFs recorded approximately $228.4 million in net outflows.
Ethereum funds lost $69.7 million on Friday, with ETHA accounting for the entire amount and all other tracked Ethereum funds recording zero net flows. It was the third consecutive negative session for the category, following withdrawals of $129.5 million on Wednesday and $60.3 million on Thursday. Ethereum products experienced approximately $320.1 million in cumulative net redemptions across the week, making them the largest source of weekly losses.
Solana ETFs recorded $12.7 million in net outflows on Friday, worsening from Thursday's $9.8 million withdrawal. Bitwise's Solana ETF (BSOL) accounted for the entire decline. Over the five sessions ending October 16, the Solana category saw approximately $25.5 million in withdrawals. Because the Solana ETF market is smaller, comparatively modest dollar movements can represent meaningful changes in investor demand. Across all three categories, the week's combined withdrawals reached approximately $585.5 million.
The outflows coincided with broader cryptocurrency market weakness and uncertainty surrounding US interest rates, though the source cautions that daily fund flows do not independently establish whether investors are responding to macroeconomic conditions, portfolio rebalancing or price movements. ETF redemptions also measure changes in fund shares outstanding rather than secondary-market trading volume or total investor losses. The next trading sessions will indicate whether Friday's withdrawals reflect continued selling pressure or a temporary adjustment following a volatile week.
Bitcoin ETFs recorded $82.4 million in net outflows on Friday, reversing Thursday's $5.1 million inflow. IBIT experienced $71.8 million in redemptions, while Fidelity's Wise Origin Bitcoin Fund (FBTC) accounted for the remaining $10.6 million, and other tracked Bitcoin products reported no net movement. The week was volatile, with $175.7 million in inflows on October 13 followed by $261.4 million in withdrawals on October 14. For the full trading week, Bitcoin ETFs recorded approximately $228.4 million in net outflows.
Ethereum funds lost $69.7 million on Friday, with ETHA accounting for the entire amount and all other tracked Ethereum funds recording zero net flows. It was the third consecutive negative session for the category, following withdrawals of $129.5 million on Wednesday and $60.3 million on Thursday. Ethereum products experienced approximately $320.1 million in cumulative net redemptions across the week, making them the largest source of weekly losses.
Solana ETFs recorded $12.7 million in net outflows on Friday, worsening from Thursday's $9.8 million withdrawal. Bitwise's Solana ETF (BSOL) accounted for the entire decline. Over the five sessions ending October 16, the Solana category saw approximately $25.5 million in withdrawals. Because the Solana ETF market is smaller, comparatively modest dollar movements can represent meaningful changes in investor demand. Across all three categories, the week's combined withdrawals reached approximately $585.5 million.
The outflows coincided with broader cryptocurrency market weakness and uncertainty surrounding US interest rates, though the source cautions that daily fund flows do not independently establish whether investors are responding to macroeconomic conditions, portfolio rebalancing or price movements. ETF redemptions also measure changes in fund shares outstanding rather than secondary-market trading volume or total investor losses. The next trading sessions will indicate whether Friday's withdrawals reflect continued selling pressure or a temporary adjustment following a volatile week.
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