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Crypto ETFs Lose $1.22B as XRP Defies Bitcoin, Ethereum Selloff

Reported by Thecoinrepublic
Oct 12, 2026· 3 min read
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Key Takeaways
  • • U.S. crypto ETFs saw approximately $1.22 billion in combined net withdrawals from Bitcoin and Ethereum products during the week ending Oct. 9, 2026, according to Farside Investors data.
  • • U.S. spot Bitcoin ETFs recorded roughly $679 million in weekly net outflows, ending three consecutive weeks of positive flows.
  • • U.S. Ethereum ETFs saw about $542 million in net withdrawals, with BlackRock's iShares Ethereum Trust (ETHA) accounting for most of the selling, and no positive aggregate session during the week.
  • • Spot XRP ETFs attracted about $11.31 million in weekly inflows per SoSoValue figures, a small contrast to the larger outflows elsewhere.
  • • Pando Solana ETF is scheduled to begin trading in Hong Kong on Oct. 13, 2026 under stock code 2831.
Summary
U.S. crypto exchange-traded funds faced renewed selling pressure in the week ending Oct. 9, 2026, with Bitcoin and Ethereum products recording approximately $1.22 billion in combined net withdrawals, according to Farside Investors data. The outflows coincided with a decline in both major tokens and diverged from modest demand for XRP products.

U.S. spot Bitcoin ETFs recorded approximately $679 million in weekly net outflows, ending three consecutive weeks of positive flows. Selling accelerated midweek, with Wednesday posting $484.9 million in net withdrawals and Thursday another $244.1 million. BlackRock's iShares Bitcoin Trust (IBIT) lost $207.7 million on Wednesday, Fidelity's Wise Origin Bitcoin Fund (FBTC) lost $105.1 million, and Fidelity lost a further $197.1 million on Thursday. Friday brought $21.1 million in net inflows. CoinMarketCap placed Bitcoin at $82,546 on Oct. 9, down 2.31% over seven days. The source notes that ETF flows alone cannot establish the cause of the price decline, since spot prices also reflect exchange, derivatives and other channels.

Ethereum ETFs posted about $542 million in net withdrawals over the same week, with BlackRock's iShares Ethereum Trust (ETHA) responsible for roughly $477 million of that total. ETHA's largest single-day outflow came on Tuesday at $201.9 million. Grayscale's ETHE lost $25.8 million on Wednesday. Ether traded near $2,486 on Oct. 9, after a 6.84% weekly decline. Unlike Bitcoin funds, Ethereum ETFs recorded no positive aggregate session during the week, indicating persistent weakness in net demand. The source cautions that ETF creations and redemptions do not capture all institutional positions or direct token purchases.

Spot XRP ETFs bucked the trend, attracting approximately $11.31 million in weekly inflows according to SoSoValue figures circulated by market observers. The sum is small relative to Bitcoin and Ethereum outflows and did not prevent XRP from falling to about $1.395 on Oct. 9, down 6.04% over seven days. Solana funds also recorded withdrawals during the period.

In Asia, Hong Kong Exchanges and Clearing confirmed that the Pando Solana ETF will begin trading on Oct. 13, 2026, under stock code 2831, expanding local access to regulated Solana exposure. The listing's early trading will serve as a measure of investor demand. Market participants will next assess the Oct. 12 U.S. ETF session alongside the Hong Kong launch.

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Sources

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

Thecoinrepublic Crypto ETFs Lose $1.22B as XRP Defies Bitcoin, Ethereum Selloff