Key Takeaways
- • US spot Bitcoin ETFs posted $301.2 million in provisional net inflows for the week ending October 24, 2026, snapping a two-week losing streak that had totaled roughly $910 million in combined outflows.
- • Net inflows were driven by $1.07 billion in gross inflows over Monday through Wednesday, which Thursday ($635.6 million outflow) and Friday ($137.9 million outflow) largely offset.
- • BlackRock's iShares Bitcoin Trust (IBIT) contributed $565.7 million week-to-date, more than the entire category's net inflow, while the rest of the field was collectively net negative.
- • Spot Ether ETFs recorded about $221 million in net outflows over the same week, which the article suggests may reflect consolidation into Bitcoin products.
- • Bitcoin traded near $80,490 with a muted reaction, staying within roughly $80,000 to $84,000; total US spot Bitcoin ETF AUM is estimated at $104.7 billion to $109 billion.
Summary
US spot Bitcoin ETFs finished the week ending October 24 with $301.2 million in provisional net inflows, according to TradingView's report, ending a two-week run of net outflows that totaled approximately $910 million. The margin was thin. Daily flows were Monday +$526.7 million, Tuesday +$23.2 million and Wednesday +$524.8 million, followed by a reversal on Thursday (-$635.6 million, the largest single-day outflow of the week) and Friday (-$137.9 million), according to Decrypt's ETF tracker. Late-week redemptions totaled $773.5 million.
BlackRock's iShares Bitcoin Trust (IBIT) was the week's largest contributor with $565.7 million in week-to-date inflows, a figure larger than the category's net total. IBIT nonetheless posted $110.3 million in outflows on Friday, the heaviest single-fund redemption that day. Fidelity's FBTC recorded $31.8 million in Friday outflows, indicating the late-week selling was not confined to one issuer. The article characterizes the rest of the field as collectively net negative.
Bitcoin's price was largely unaffected by the flow swings. The asset traded around $80,490 after a 1% move and stayed within a band of roughly $80,000 to $84,000 despite more than $1 billion moving in and out of the funds. Prediction market participants on Myriad priced a 43% chance of Bitcoin reaching $77,500 this month. Total US spot Bitcoin ETF assets under management are estimated at $104.7 billion to $109 billion, and cumulative net inflows since the products launched in January 2024 have exceeded $57 billion.
Spot Ether ETFs did not share in the recovery, recording net outflows of about $221 million over the same week. The divergence may indicate investors are consolidating exposure toward Bitcoin rather than broad crypto allocations, though the article notes the health of Bitcoin ETF demand currently depends heavily on IBIT.
BlackRock's iShares Bitcoin Trust (IBIT) was the week's largest contributor with $565.7 million in week-to-date inflows, a figure larger than the category's net total. IBIT nonetheless posted $110.3 million in outflows on Friday, the heaviest single-fund redemption that day. Fidelity's FBTC recorded $31.8 million in Friday outflows, indicating the late-week selling was not confined to one issuer. The article characterizes the rest of the field as collectively net negative.
Bitcoin's price was largely unaffected by the flow swings. The asset traded around $80,490 after a 1% move and stayed within a band of roughly $80,000 to $84,000 despite more than $1 billion moving in and out of the funds. Prediction market participants on Myriad priced a 43% chance of Bitcoin reaching $77,500 this month. Total US spot Bitcoin ETF assets under management are estimated at $104.7 billion to $109 billion, and cumulative net inflows since the products launched in January 2024 have exceeded $57 billion.
Spot Ether ETFs did not share in the recovery, recording net outflows of about $221 million over the same week. The divergence may indicate investors are consolidating exposure toward Bitcoin rather than broad crypto allocations, though the article notes the health of Bitcoin ETF demand currently depends heavily on IBIT.
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