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Bitwise's BITB draws $2.2 million as US Bitcoin ETFs shed $261 million

Reported by Tradingview ·Cryptobriefing
Oct 15, 2026· 2 min read
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Key Takeaways
  • • US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, 2026, according to Farside Investors daily tracking data.
  • • Bitwise's BITB was the standout, taking in $2.2 million in net inflows while Fidelity's FBTC (-$152.7 million) and BlackRock's IBIT (-$110.9 million) led redemptions.
  • • Spot Ethereum ETFs also posted $130 million in net outflows the same day, pointing to a broader risk-off mood rather than an asset-specific move.
  • • The outflow was a modest dent against total assets of roughly $100–107 billion and cumulative net inflows above $54 billion since the January 2024 launch.
Summary
US spot Bitcoin ETFs posted $261.4 million in net outflows on October 14, according to daily tracking data from Farside Investors. The redemptions were concentrated in the two largest products in the category. Fidelity's FBTC led with $152.7 million in withdrawals, and BlackRock's IBIT followed with $110.9 million. Those two funds alone accounted for $263.6 million in outflows, and the net total was narrowed by a $2.2 million inflow into Bitwise's BITB. Farside tracks net creations and redemptions across 12 US spot Bitcoin ETFs, and BITB was among the very few with a positive figure that day. The arithmetic implies the rest of the field was roughly flat.

The outflows followed a volatile month. Bitcoin ETFs saw nearly $487 million pulled out on October 7, the largest withdrawal day of the month so far. On October 13, the group attracted $175.7 million in net inflows before reversing the following day.

The flows also extended beyond Bitcoin. Spot Ethereum ETFs recorded $130 million in net outflows on the same day, which suggests the caution was not confined to a single asset. Such simultaneous declines across both major crypto ETF categories typically point to a broader risk-off sentiment, according to the report.

Flow dynamics matter for spot markets. Creations require funds to acquire Bitcoin, while redemptions often force sales of holdings, so a day of $261.4 million in net redemptions can translate into real selling pressure. Because FBTC and IBIT are the largest funds by assets, their flows carry more weight for spot supply than similar moves in smaller products. Bitcoin traded in the low-to-mid $80,000 range during this period.

Since launching in January 2024, US spot Bitcoin ETFs have gathered cumulative net inflows of more than $54 billion and hold assets of approximately $100–107 billion as of mid-October. Against that base, the single-day outflow represents well under 1% of total assets, leaving the longer-term structure of the market intact despite short-term volatility.

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Sources

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

Tradingview Bitwise's BITB draws $2.2 million as US Bitcoin ETFs shed $261 million Cryptobriefing Bitwise’s BITB draws $2.2 million as US Bitcoin ETFs shed $261 million