US spot bitcoin ETFs lost a net $643.2 million on Friday, 30 Oct, according to Farside data, the largest daily outflow since 25 Jun. CryptoWatchDesk’s last ETF Desk covered Thursday’s $17.2 million inflow, the fourth day of a run that Friday ended.
Five funds accounted for all of it. BlackRock’s IBIT lost $233.7 million, Fidelity’s FBTC $201.0 million, ARK 21Shares’ ARKB $129.5 million, Grayscale’s GBTC $53.3 million and Bitwise’s BITB $25.7 million. Every other bitcoin fund reported no flow.
Ether funds lost a net $155.7 million, a fifth straight day of outflows, led by $76.6 million from BlackRock’s ETHA. Solana funds lost $10.8 million.
Friday was the first full US session after the Binance hack, which began after Thursday’s close. Farside’s data show what moved, not why.
| Fund | Net flow, 30 Oct ($M) | October ($M) |
|---|---|---|
| IBIT (BlackRock) | −233.7 | +932.1 |
| FBTC (Fidelity) | −201.0 | −754.5 |
| ARKB (ARK 21Shares) | −129.5 | −444.0 |
| GBTC (Grayscale) | −53.3 | −184.0 |
| BITB (Bitwise) | −25.7 | −84.1 |
| MSBT (Morgan Stanley) | 0.0 | +34.6 |
| Other bitcoin funds (net) | 0.0 | −16.0 |
| Bitcoin ETFs total | −643.2 | −515.9 |
| ETHA (BlackRock) | −76.6 | −1,420.5 |
| FETH (Fidelity) | −3.3 | +36.0 |
| ETHE (Grayscale) | −21.5 | −119.1 |
| Other ether funds (net) | −54.3 | −103.6 |
| Ether ETFs total | −155.7 | −1,607.2 |
| Solana ETFs total | −10.8 |
Source: Farside Investors, US-listed spot funds, October over 22 sessions. For the month, other bitcoin funds are EZBC (+12.0), Grayscale’s Bitcoin Mini Trust (−11.1), BTCO (−8.3), HODL (−4.8) and BTCW (−3.8). The 30 Oct “other ether” figure is Grayscale’s ETH Mini (−34.1), ETHB (−19.5) and MSSE (−0.7). The solana figure is BSOL (−9.3), MSOL (−0.8) and GSOL (−0.7); month figures are not shown.
The week ended $202.4 million negative for bitcoin funds, after $440.8 million came in over the first four sessions. Ether funds lost $431.4 million over the week, $391.1 million of it from ETHA.
That leaves October $515.9 million in the red for bitcoin funds, after it had turned positive on Wednesday. IBIT still took in $932.1 million over the month, while FBTC lost $754.5 million and ARKB $444.0 million.
Ether funds lost $1,607.2 million in October, with inflows on only three days. 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 $77,046 on Kraken at 04:48 UTC on Saturday; Friday’s US close has the levels.
This article is for information only and is not investment advice.