Key Takeaways
- • U.S. spot bitcoin ETFs recorded $643.2 million in net outflows on October 30, 2026, their largest single-day withdrawal since June, according to Farside Investors data.
- • BlackRock's IBIT led redemptions with $233.7 million, followed by Fidelity's FBTC at $201.0 million and ARK 21Shares' ARKB at $129.5 million.
- • The outflow erased four straight sessions of inflows and left the week $202.4 million negative, after the funds had taken in $440.8 million from October 26 through 29.
- • Ether funds lost $155.7 million on the same day, bringing their October withdrawals to about $1.61 billion.
- • Bitcoin traded near $77,400 on October 31, below Glassnode's estimated $81,500 average cost basis for ETF holders, a level that could pressure marginal holders.
Summary
U.S. spot bitcoin exchange-traded funds recorded $643.2 million of net outflows on October 30, the largest single-day withdrawal since June, according to Farside Investors data. The selling erased four consecutive sessions of inflows and turned the week negative, according to the HedgeCo.Net report.
BlackRock's IBIT led redemptions with $233.7 million, followed by Fidelity's FBTC at $201.0 million and ARK 21Shares' ARKB at $129.5 million. Grayscale's GBTC lost $53.3 million and Bitwise's BITB lost $25.7 million, while the remaining products recorded no flows.
The funds had taken in $440.8 million over October 26 through 29, so Friday's exit left the week $202.4 million in the red. Summing Farside's daily totals puts October's net outflow at about $515.9 million. IBIT alone drew roughly $932 million for the month, while the other funds lost about $1.45 billion combined, indicating that assets continue to consolidate in the largest issuer.
Ether funds also lost $155.7 million on the day, bringing their October withdrawals to about $1.61 billion. Cumulative net inflows into U.S. spot bitcoin ETFs since their January 2024 debut stood at about $57.0 billion.
Bitcoin traded near $77,400 on October 31, below Glassnode's estimated $81,500 average cost basis for ETF holders. According to the report, that gap could pressure marginal holders.
BlackRock's IBIT led redemptions with $233.7 million, followed by Fidelity's FBTC at $201.0 million and ARK 21Shares' ARKB at $129.5 million. Grayscale's GBTC lost $53.3 million and Bitwise's BITB lost $25.7 million, while the remaining products recorded no flows.
The funds had taken in $440.8 million over October 26 through 29, so Friday's exit left the week $202.4 million in the red. Summing Farside's daily totals puts October's net outflow at about $515.9 million. IBIT alone drew roughly $932 million for the month, while the other funds lost about $1.45 billion combined, indicating that assets continue to consolidate in the largest issuer.
Ether funds also lost $155.7 million on the day, bringing their October withdrawals to about $1.61 billion. Cumulative net inflows into U.S. spot bitcoin ETFs since their January 2024 debut stood at about $57.0 billion.
Bitcoin traded near $77,400 on October 31, below Glassnode's estimated $81,500 average cost basis for ETF holders. According to the report, that gap could pressure marginal holders.
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