Key Takeaways
- • US-listed spot crypto ETFs recorded approximately $112 million in net outflows on Friday, October 23, 2026, extending the market's withdrawal streak to a second consecutive session, according to FinanceFeeds.
- • Bitcoin ETFs lost approximately $137.9 million on October 23, led by BlackRock's IBIT with $110.3 million in redemptions and Fidelity's FBTC with $31.8 million.
- • Bitcoin funds still finished the October 19–23 week with approximately $301 million in net inflows, supported by $526.7 million on Monday and $524.8 million on Wednesday.
- • Ethereum ETFs reversed Thursday's losses with $4.4 million in inflows on Friday, but still recorded about $220.7 million in weekly redemptions, with BlackRock's ETHA accounting for $233.2 million of withdrawals.
- • Grayscale's Zcash ETF (ZCSH) drew $20.5 million on Friday, bringing its weekly inflows to approximately $41.1 million; the aggregate figure remains provisional because several funds had not reported.
Summary
Bitcoin funds accounted for the selling pressure, with approximately $137.9 million in net redemptions, compared with $635.6 million withdrawn on Thursday, October 22. BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest individual outflow at $110.3 million, while Fidelity's Wise Origin Bitcoin Fund (FBTC) lost $31.8 million. Together the two products shed roughly $142.1 million, more than the category's net withdrawal, as subscriptions into other funds offset part of the decline. Morgan Stanley's Bitcoin Trust (MSBT) attracted $4.2 million, the largest identified Bitcoin ETF inflow of the session. The Friday Bitcoin total remains subject to revision because VanEck's HODL had not reported its activity in the referenced Farside dataset.
Despite the consecutive daily withdrawals, Bitcoin funds finished the October 19–23 trading week with approximately $301 million in net inflows. That weekly result was supported by strong demand earlier in the period, including $526.7 million on Monday and $524.8 million on Wednesday. BlackRock's IBIT alone attracted approximately $565.7 million over the five sessions, more than offsetting net withdrawals across competing Bitcoin products.
Ethereum ETFs attracted approximately $4.4 million on Friday, reversing Thursday's $110.6 million withdrawal. Fidelity's Ethereum Fund (FETH) led subscriptions with $3.6 million, and Morgan Stanley's Ethereum Trust (MSSE) added approximately $780,000. The improvement was insufficient to reverse weekly losses, as Ethereum ETFs recorded approximately $220.7 million in net redemptions across the week, with BlackRock's ETHA accounting for $233.2 million of withdrawals. Solana funds reported no net movement on Friday, although at least one fund's data was outstanding, and the category lost approximately $17.3 million over the week. XRP ETFs recorded no net flows on Friday after attracting approximately $3.5 million on Thursday, primarily through Franklin Templeton's XRPZ.
Among smaller products, Grayscale's Zcash ETF (ZCSH) received $20.5 million on Friday, lifting its weekly inflows to approximately $41.1 million, while Bitwise's NEAR ETF added approximately $990,000. Hyperliquid, Chainlink and several other reporting categories registered no net movement. Across all tracked categories, Friday's $112 million withdrawal followed roughly $745 million in outflows on Thursday. FinanceFeeds notes that ETF flows measure net share creations and redemptions rather than direct spot-market trading volume. The next sessions will indicate whether Bitcoin's positive weekly balance can withstand continued redemptions and whether Ethereum's modest recovery develops into sustained demand.
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