US spot bitcoin ETFs took in a net $110.3 million on Monday, 26 Oct, according to Farside data, ending two straight days of outflows. All of it went into BlackRock’s IBIT. CryptoWatchDesk’s last ETF Desk covered Friday’s $137.9 million outflow.
Every other bitcoin fund reported a flat day, VanEck’s HODL included. IBIT’s $110.3 million matches, to the decimal, the amount it lost on Friday. That is a coincidence of size, not a reversal of the same trades.
Ether funds lost a net $88.6 million. BlackRock’s ETHA shed $104.7 million and Fidelity’s FETH took in $16.1 million. Solana funds lost $8.2 million, mostly from Bitwise’s BSOL.
| Fund | Net flow, 26 Oct ($M) | October to date ($M) |
|---|---|---|
| IBIT (BlackRock) | +110.3 | +865.5 |
| FBTC (Fidelity) | 0.0 | −588.5 |
| ARKB (ARK 21Shares) | 0.0 | −314.5 |
| GBTC (Grayscale) | 0.0 | −130.7 |
| BITB (Bitwise) | 0.0 | −68.5 |
| MSBT (Morgan Stanley) | 0.0 | +30.4 |
| Other bitcoin funds (net) | 0.0 | +3.1 |
| Bitcoin ETFs total | +110.3 | −203.2 |
| ETHA (BlackRock) | −104.7 | −1,134.1 |
| FETH (Fidelity) | +16.1 | −11.0 |
| ETHE (Grayscale) | 0.0 | −82.1 |
| Other ether funds (net) | 0.0 | −37.2 |
| Ether ETFs total | −88.6 | −1,264.4 |
| BSOL (Bitwise) | −7.2 | |
| GSOL (Grayscale) | −1.8 | |
| MSOL | +0.8 | |
| Solana ETFs total | −8.2 |
Source: Farside Investors, US-listed spot funds, October to date over 18 sessions. “Other bitcoin funds” is EZBC (+12.0), BTC Mini (+4.2), BTCO (−8.3) and HODL (−4.8) for the month. We have left out a Solana month-to-date figure because we could not reconcile Farside’s Solana page with our earlier totals.
The week has one session in it, so the week to date is Monday’s $110.3 million. Last week ended $301.2 million positive, and IBIT alone took in $565.7 million of it while others lost money. Monday continued that split: BlackRock’s fund took the money while the rest of the field stood still.
October is $203.2 million negative for bitcoin funds after 18 sessions. IBIT is up $865.5 million this month; FBTC is down $588.5 million and ARKB $314.5 million.
Ether funds are down $1,264.4 million for October, and ETHA accounts for $1,134.1 million of that. 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 $79,530 on Kraken at 04:53 UTC on Tuesday; this morning’s First Print has the levels.
Related: Strategy pauses bitcoin buying and spends $204.9M on STRC buybacks as Strive adds 6,182 BTC
Related: Tuesday's ETF Desk: bitcoin funds took in $176 million, led by IBIT and FBTC
This article is for information only and is not investment advice.