Key Takeaways
- • U.S. spot Bitcoin ETFs attracted $304.73 million in the week ending Oct. 23, 2026, reversing two consecutive weeks of withdrawals, according to SoSoValue data.
- • Ethereum ETFs lost $220.60 million in the same week, extending their outflow streak to four weeks and shedding roughly $1.23 billion since Sep. 25.
- • Bitcoin ETF cumulative net inflows reached $57.32 billion, with total net assets rising to $104.71 billion, while Ethereum ETF total net assets fell about 18% from $17.78 billion to $14.57 billion.
- • Combined crypto ETF flows were still positive at roughly $218 million, but the gains went almost entirely to Bitcoin.
- • Technical readings point to a fragile Bitcoin recovery (weekly RSI 54.55) and weakening Ethereum momentum (weekly RSI 43.04, ETH near $2,330).
Summary
Ethereum ETFs remain under pressure. The $224.96 million outflow in the most recent weekly figure pushed cumulative net inflows down to $12.71 billion from $13.94 billion in late September. Across four weeks since Sep. 25, Ethereum funds shed roughly $1.23 billion. Total net assets fell from $17.78 billion to $14.57 billion over the same period, a decline of about 18% driven by outflows and a lower ETH price. Weekly trading volume also dropped to $2.37 billion.
Across the two products, crypto ETFs still posted net inflows of about $218 million, though the report notes that capital is flowing almost entirely into Bitcoin. Technical analysis in the same report puts BTC near $80,435 after a pullback from the $85,000 to $88,000 zone, with a weekly RSI of 54.55 indicating a slight buyer edge. The first support sits at $78,000 to $80,000, and a weekly close below that could send BTC toward $72,000 to $75,000. ETH trades near $2,330 with a weekly RSI of 43.04, favoring sellers; support is seen at $2,250 to $2,300, and a loss of that zone would put $2,000 to $2,100 in play.
The publication characterizes a single positive Bitcoin week after two negative ones as encouraging but not yet a trend, noting that Bitcoin ETFs saw a similar pattern in September when a $2.39 billion week was followed by outflows two weeks later. The article is informational only and not financial advice.
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