US Spot Bitcoin ETFs Lose $681 Million in Outflows, Ending Three-Week Streak
United States spot Bitcoin (BINANCE:BTCUSDT) exchange-traded funds recorded $681 million in net outflows during the week of October 5 to October 9, ending a three-week streak of net positive deposits. Spot Ethereum (BINANCE:ETHUSDT) funds also experienced $542 million in net redemptions over the same period. Together, investment products tied to the two major digital assets saw $1.223 billion withdrawn in a single week.
The synchronized withdrawals reflect a temporary pause in recent institutional inflows across American digital-asset vehicles. BlackRock Inc.'s iShares Ethereum Trust (ETHA) experienced the sharpest pullback among Ethereum funds, logging $477 million in weekly net outflows. That single fund accounted for approximately 88% of all net redemptions from spot Ethereum ETFs during the week.
Market participants are observing whether these simultaneous redemptions represent a brief lull or a broader shift in institutional allocation. Although the widespread withdrawals mark a notable shift in weekly fund flows across US investment products, short-term flow data alone does not confirm a change in long-term investor sentiment.
Key points
- US spot Bitcoin ETFs posted $681 million in net outflows for the week of October 5-9, ending a three-week inflow streak.
- US spot Ethereum ETFs saw $542 million in weekly net redemptions over the same period.
- Combined net outflows across both US spot Bitcoin and spot Ethereum funds totaled $1.223 billion for the week.
- BlackRock's ETHA led Ethereum withdrawals with $477 million in net outflows, representing about 88% of spot Ethereum ETF redemptions.
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How much money flowed out of US spot Bitcoin ETFs last week?
US spot Bitcoin ETFs recorded $681 million in net outflows during the week of October 5 to October 9, ending a three-week streak of inflows.
What were the total combined outflows for US spot Bitcoin and Ethereum ETFs?
Combined net weekly outflows from US spot Bitcoin and spot Ethereum ETFs reached $1.223 billion during the October 5-9 period.
Which Ethereum ETF experienced the largest weekly outflows?
BlackRock's ETHA recorded $477 million in weekly net outflows, accounting for approximately 88% of all net redemptions from US spot Ethereum ETFs.