Key Takeaways
- • U.S. spot crypto ETFs recorded approximately $1.25 billion in combined net outflows during the week ending October 9, 2026, according to Farside Investors data.
- • Bitcoin ETFs lost $678.9 million, Ethereum funds lost $542.2 million and Solana products lost $25 million over the week.
- • Fidelity's FBTC accounted for $380.3 million of Bitcoin redemptions, while BlackRock's ETHA made up roughly 88% of Ethereum ETF losses with $477.1 million in withdrawals.
- • The outflows ended Solana ETFs' reported 14-week inflow streak and reversed roughly $920 million of Bitcoin ETF inflows from the prior week.
- • Data show the scale and concentration of redemptions, but flow data does not establish investor motivation; rising Treasury yields and inflation concerns were cited as possible headwinds.
Summary
U.S. spot cryptocurrency exchange-traded funds recorded approximately $1.25 billion in combined net outflows during the week ending October 9, 2026, as investors reduced exposure across Bitcoin, Ethereum and Solana investment products. According to Farside Investors, Bitcoin ETFs experienced $678.9 million in net redemptions, Ethereum funds lost $542.2 million and Solana products recorded $25 million in withdrawals. The combined weekly outflow of $1.246 billion reversed the relatively stronger Bitcoin demand seen the prior week. Selling intensified on October 7, when the three categories collectively lost $650.6 million, followed by $320.1 million on October 8. Friday brought some stabilization, with Bitcoin ETFs attracting $21.1 million, though Ethereum and Solana funds continued to record withdrawals.
Bitcoin ETF selling was concentrated in a few issuers. Fidelity's Wise Origin Bitcoin Fund (FBTC) lost $380.3 million, roughly 56% of the category's net withdrawals. ARK Invest and 21Shares' ARKB followed with $207.2 million in redemptions, Grayscale's GBTC recorded $47.5 million in withdrawals and Bitwise's BITB lost $45.3 million. BlackRock's iShares Bitcoin Trust (IBIT) finished the week with a modest $1.1 million net inflow despite a $207.7 million withdrawal on October 7. The weekly pattern was volatile: Bitcoin ETFs lost $89.8 million on Monday, gained $118.8 million on Tuesday, and saw the largest single-day withdrawal of $484.9 million on Wednesday, followed by $244.1 million on Thursday. The week's net result represented a reversal of roughly $920 million from the prior week's approximately $241 million in net inflows.
Ethereum ETFs recorded withdrawals in all five trading sessions. BlackRock's iShares Ethereum Trust (ETHA) accounted for $477.1 million in net redemptions, about 88% of the category's weekly losses. Its largest single-day outflow came on October 6, at $201.9 million. Fidelity's FETH and Grayscale's ETHE also contributed to the negative balance.
Solana ETFs recorded five consecutive sessions of net outflows totaling $25 million, ending what had been a 14-week inflow streak. Bitwise's BSOL accounted for $21 million of redemptions, Grayscale's GSOL shed $3.7 million and Fidelity's FSOL lost $2.1 million, while Morgan Stanley's MSOL recorded a $1.8 million inflow. A SoSoValue-based analysis estimated weekly Solana withdrawals at $24.8 million, a minor discrepancy from Farside's figure.
The withdrawals occurred amid rising Treasury yields and inflation concerns, conditions that can weigh on risk-sensitive assets. However, ETF flow data does not establish investor motivations or directly measure crypto trading outside regulated funds. The key development is the scale and concentration of redemptions. The next trading sessions will indicate whether Friday's improvement in Bitcoin demand develops into a broader recovery.
Bitcoin ETF selling was concentrated in a few issuers. Fidelity's Wise Origin Bitcoin Fund (FBTC) lost $380.3 million, roughly 56% of the category's net withdrawals. ARK Invest and 21Shares' ARKB followed with $207.2 million in redemptions, Grayscale's GBTC recorded $47.5 million in withdrawals and Bitwise's BITB lost $45.3 million. BlackRock's iShares Bitcoin Trust (IBIT) finished the week with a modest $1.1 million net inflow despite a $207.7 million withdrawal on October 7. The weekly pattern was volatile: Bitcoin ETFs lost $89.8 million on Monday, gained $118.8 million on Tuesday, and saw the largest single-day withdrawal of $484.9 million on Wednesday, followed by $244.1 million on Thursday. The week's net result represented a reversal of roughly $920 million from the prior week's approximately $241 million in net inflows.
Ethereum ETFs recorded withdrawals in all five trading sessions. BlackRock's iShares Ethereum Trust (ETHA) accounted for $477.1 million in net redemptions, about 88% of the category's weekly losses. Its largest single-day outflow came on October 6, at $201.9 million. Fidelity's FETH and Grayscale's ETHE also contributed to the negative balance.
Solana ETFs recorded five consecutive sessions of net outflows totaling $25 million, ending what had been a 14-week inflow streak. Bitwise's BSOL accounted for $21 million of redemptions, Grayscale's GSOL shed $3.7 million and Fidelity's FSOL lost $2.1 million, while Morgan Stanley's MSOL recorded a $1.8 million inflow. A SoSoValue-based analysis estimated weekly Solana withdrawals at $24.8 million, a minor discrepancy from Farside's figure.
The withdrawals occurred amid rising Treasury yields and inflation concerns, conditions that can weigh on risk-sensitive assets. However, ETF flow data does not establish investor motivations or directly measure crypto trading outside regulated funds. The key development is the scale and concentration of redemptions. The next trading sessions will indicate whether Friday's improvement in Bitcoin demand develops into a broader recovery.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.