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Crypto ETFs Lose $164.8 Million on October 16 as BlackRock Leads Bitcoin and Ethereum Outflows

Reported by Financefeeds
Oct 19, 2026· 2 min read
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Key Takeaways
  • • US-listed crypto ETFs posted 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 on October 16, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $71.8 million, roughly 87% of the category's withdrawals.
  • • Ethereum ETFs lost $69.7 million on Friday, all of it from BlackRock's iShares Ethereum Trust (ETHA), marking the third consecutive negative session for the category.
  • • Solana ETFs saw $12.7 million in outflows, entirely from Bitwise's BSOL, while the three categories lost approximately $585.5 million across the October 12–16 trading week.
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 outflow of $65 million, extending a difficult week for digital asset investment vehicles.

Bitcoin ETFs recorded $82.4 million in net outflows on October 16, reversing a $5.1 million inflow the previous day. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $71.8 million of the withdrawals, or approximately 87% of the category total, while Fidelity's Wise Origin Bitcoin Fund (FBTC) accounted for the remaining $10.6 million. For the full trading week, Bitcoin ETFs recorded approximately $228.4 million in net outflows, following $261.4 million in withdrawals on October 14 and $175.7 million in inflows on October 13.

Ethereum funds lost $69.7 million on Friday, the third consecutive negative session after withdrawals of $129.5 million on Wednesday and $60.3 million on Thursday. BlackRock's iShares Ethereum Trust (ETHA) accounted for the entire amount, with all other tracked Ethereum funds recording zero net flows. Across the week, Ethereum products experienced approximately $320.1 million in cumulative net redemptions.

Solana ETFs recorded $12.7 million in net outflows on Friday, up from $9.8 million on Thursday. Bitwise's Solana ETF (BSOL) accounted for the entire decline, and the category has seen sustained redemptions throughout October, with approximately $25.5 million in withdrawals over the five sessions ending October 16. Given the smaller size of the Solana ETF market, the dollar movements represent meaningful changes in investor demand.

Across Bitcoin, Ethereum and Solana, combined withdrawals for the October 12–16 week reached approximately $585.5 million, with Ethereum accounting for more than half. The outflows coincided with broader cryptocurrency market weakness and uncertainty surrounding US interest rates. The source notes that daily flow data does not independently establish the cause of the redemptions, and that ETF redemptions measure changes in shares outstanding rather than secondary-market trading volume. The figures indicate reduced net exposure through regulated products but do not by themselves establish a sustained decline in institutional crypto allocations. Trading in the coming sessions will indicate whether the withdrawals reflect continued selling pressure or a temporary adjustment.

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Sources

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

Financefeeds Crypto ETFs Lose $164.8 Million on October 16 as BlackRock Leads Bitcoin and Ethereum Outflows