Key Takeaways
- • US-listed spot crypto ETFs recorded approximately $815.8 million in combined net outflows on Friday, October 30, 2026, according to FinanceFeeds, as investors reduced digital asset exposure amid heightened volatility.
- • Bitcoin ETFs led the redemptions with $643.3 million in net outflows, with BlackRock's IBIT ($233.7 million) and Fidelity's FBTC ($201 million) accounting for the largest withdrawals; the day ended four consecutive sessions of Bitcoin ETF inflows.
- • Ethereum ETFs lost $155.7 million on the day, marking the fifth consecutive trading day of net outflows, and recorded $431.4 million in outflows for the October 26-30 week versus $202.4 million for Bitcoin funds.
- • Across October, US spot crypto ETFs shed approximately $2.16 billion, with Ethereum funds accounting for about $1.61 billion and Bitcoin funds about $515 million.
- • The selloff coincided with Binance's disclosed security incident involving an estimated $6.3 billion in affected assets, though the source states the timing alone does not establish a direct causal link to the ETF redemptions.
Summary
BlackRock's iShares Bitcoin Trust (IBIT) was the largest contributor to Bitcoin ETF redemptions, with approximately $233.7 million in net outflows. Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with $201 million, ARK 21Shares Bitcoin ETF (ARKB) lost approximately $129.5 million, Grayscale Bitcoin Trust (GBTC) recorded $53.3 million, and Bitwise Bitcoin ETF (BITB) registered $25.7 million. The decline ended four consecutive trading sessions of net inflows for US spot Bitcoin ETFs. On the Ethereum side, BlackRock's iShares Ethereum Trust (ETHA) recorded approximately $76.6 million in outflows and Grayscale's Ethereum Mini Trust lost $34.1 million. The $155.7 million aggregate marked the fifth consecutive trading day of net Ethereum ETF outflows.
Over the October 26-30 trading week, Bitcoin funds recorded approximately $202.4 million in net outflows while Ethereum funds lost $431.4 million, indicating more persistent redemptions in Ethereum products even though Bitcoin accounted for most of Friday's withdrawals. For the full month, the source reports approximately $2.16 billion in net outflows across tracked spot crypto ETFs, with Ethereum ETFs accounting for around $1.61 billion and Bitcoin funds for approximately $515 million.
The outflows coincided with a broader cryptocurrency market downturn following Binance's disclosure of a security incident involving an estimated $6.3 billion in affected assets. The breach prompted temporary withdrawal restrictions, asset freezes and concerns about exchange custody risk. Binance said approximately $3 billion in affected assets had been frozen and pledged to cover customer losses. Bitcoin fell below $77,000 during the selloff, while Ethereum traded near $2,186 in reported market snapshots. The source cautions that timing alone does not establish that the breach directly caused the redemptions, and that ETF net outflows represent share redemptions net of creations rather than equivalent direct spot sales. Portfolio rebalancing, hedging and institutional risk management may also be factors. The $815.8 million aggregate remains provisional because some smaller ETF categories had incomplete reporting. Subsequent sessions will indicate whether Friday's withdrawals were a temporary reaction to market disruption or a continuation of October's broader reduction in institutional crypto exposure.
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