US spot bitcoin ETFs lost a net $137.9 million on Friday, 23 Oct, according to Farside data, a second straight day of outflows. BlackRock’s IBIT lost $110.3 million and Fidelity’s FBTC $31.8 million. CryptoWatchDesk’s last ETF Desk covered Thursday’s $635.6 million outflow.
Morgan Stanley’s MSBT took in $4.2 million, its second inflow in two days. Every other bitcoin fund that reported was flat. VanEck’s HODL had not reported a figure when Farside’s table was read at about 03:50 UTC, so the day’s total covers the funds that had.
Ether funds took in a net $4.4 million, from Fidelity’s FETH ($3.6 million) and MSSE ($0.8 million). Solana funds were flat. VanEck’s ETHV and VSOL had not reported either.
| Fund | Net flow, 23 Oct ($M) | Week to date ($M) |
|---|---|---|
| IBIT (BlackRock) | −110.3 | +565.7 |
| FBTC (Fidelity) | −31.8 | −116.6 |
| MSBT (Morgan Stanley) | +4.2 | +6.5 |
| ARKB (ARK 21Shares) | 0.0 | −99.6 |
| GBTC (Grayscale) | 0.0 | −51.8 |
| BITB (Bitwise) | 0.0 | −18.5 |
| BTC (Grayscale Mini) | 0.0 | +8.2 |
| EZBC (Franklin) | 0.0 | +7.3 |
| HODL (VanEck) | not reported | 0.0 to Thu |
| Other bitcoin funds (net) | 0.0 | 0.0 |
| Bitcoin ETFs total | −137.9 | +301.2 |
| ETHA (BlackRock) | 0.0 | −233.2 |
| FETH (Fidelity) | +3.6 | +16.6 |
| ETH (Grayscale Mini) | 0.0 | +20.7 |
| ETHB | 0.0 | −17.2 |
| ETHE (Grayscale) | 0.0 | −11.5 |
| MSSE | +0.8 | +2.1 |
| ETHV (VanEck) | not reported | 0.0 to Thu |
| Other ether funds (net) | 0.0 | +1.8 |
| Ether ETFs total | +4.4 | −220.7 |
| Solana ETFs total | 0.0 | −17.6 |
Source: Farside Investors, US-listed spot funds, Monday to Friday. “Other ether funds” is ETHW (+0.9) and EZET (+0.9). VanEck’s VSOL had not reported for Friday. Totals cover reporting funds.
The week ended $301.2 million positive for bitcoin funds, after $228.4 million of outflows the week before. Monday and Wednesday brought in $1,051.5 million between them; Thursday and Friday gave back $773.5 million. IBIT took in $565.7 million over five sessions while FBTC lost $116.6 million and ARKB $99.6 million.
October is $313.5 million negative for bitcoin funds after 17 sessions. IBIT is up $755.2 million this month and FBTC down $588.5 million.
Ether funds are down $1,175.8 million for October and Solana funds $68.1 million. Flows record shares created and redeemed; they are not a forecast. For how the funds hand back assets, see how in-kind ETF redemptions work.
Bitcoin was near $80,755 on Kraken at 03:53 UTC on Saturday; this morning’s First Print has the levels.
Related: Franklin Templeton files two Nasdaq ETFs that turn stock dividends into bitcoin
This article is for information only and is not investment advice.