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Crypto ETFs Lose $112M as IBIT Sheds $110.3M on October 23

Reported by Financefeeds
Oct 26, 2026· 3 min read
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Key Takeaways
  • • US-listed spot crypto ETFs recorded approximately $112 million in net outflows on Friday, October 23, 2026, extending a withdrawal streak to a second consecutive session, according to FinanceFeeds; the aggregate figure remains provisional because several funds had not reported.
  • • BlackRock's iShares Bitcoin Trust (IBIT) posted the largest single withdrawal at $110.3 million, while Fidelity's FBTC lost $31.8 million, together accounting for roughly $142.1 million in redemptions.
  • • Bitcoin ETFs still finished the October 19–23 week with approximately $301 million in net inflows, supported by $526.7 million on Monday and $524.8 million on Wednesday.
  • • Ethereum ETFs returned $4.4 million in inflows on Friday but recorded approximately $220.7 million in net redemptions for the week, with BlackRock's ETHA accounting for $233.2 million of outflows.
  • • Grayscale's Zcash ETF (ZCSH) drew $20.5 million on Friday, lifting its weekly inflows to approximately $41.1 million, the leading alternative-crypto product flow.
Summary
US-listed spot cryptocurrency exchange-traded funds recorded approximately $112 million in net outflows on Friday, October 23, 2026, according to FinanceFeeds, extending the market's withdrawal streak to a second consecutive trading session. The aggregate figure covers 16 cryptocurrency categories and remains provisional because several funds had not yet reported Friday activity.

Bitcoin funds accounted for most of the selling, with approximately $137.9 million in net redemptions, compared with $635.6 million withdrawn on Thursday. BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest individual outflow at $110.3 million, and Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with $31.8 million. Morgan Stanley's Bitcoin Trust (MSBT) attracted $4.2 million, the largest identified Bitcoin ETF inflow of the session. Bitcoin's Friday total remains subject to revision because VanEck's HODL had not reported activity in the referenced Farside dataset.

Despite the consecutive daily withdrawals, Bitcoin funds finished the trading week with approximately $301 million in net inflows. Strong demand earlier in the period, including $526.7 million on Monday and $524.8 million on Wednesday, offset the late-week redemptions. IBIT alone attracted approximately $565.7 million over the five sessions.

Ethereum ETFs reversed Thursday's $110.6 million withdrawal with approximately $4.4 million in inflows on Friday, led by Fidelity's Ethereum Fund (FETH) at $3.6 million. Morgan Stanley's Ethereum Trust (MSSE) added approximately $780,000. The improvement did not offset weekly losses: Ethereum ETFs recorded about $220.7 million in net redemptions for October 19–23, with BlackRock's ETHA accounting for $233.2 million of that total.

Among smaller products, Grayscale's Zcash ETF (ZCSH) received $20.5 million on Friday, bringing its weekly inflows to approximately $41.1 million, while Bitwise's NEAR fund added about $990,000. Solana funds reported no net movement on Friday, though at least one fund's data was outstanding, and the category lost approximately $17.3 million over the week. XRP ETFs recorded no net flows Friday after about $3.5 million of inflows on Thursday, primarily through Franklin Templeton's XRPZ.

FinanceFeeds notes that ETF flows measure net share creations and redemptions rather than direct spot-market trading volume. The next sessions will indicate whether Bitcoin's positive weekly balance can withstand continued redemptions and whether Ethereum's modest recovery develops into sustained demand.

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Sources

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

Financefeeds Crypto ETFs Lose $112M as IBIT Sheds $110.3M on October 23