US spot bitcoin ETF outflows reached a net $484.9 million on Wednesday, according to Farside data, the largest daily outflow since 25 Jun, when the group lost $691.7 million. BlackRock’s IBIT, which carried Tuesday’s $118.8 million inflow on its own, gave back $207.7 million. Ether funds lost $160.9 million, their seventh straight session of outflows.
Related: Tuesday’s ETF Desk
| Fund | Net flow, 7 Oct ($M) | Week to date ($M) |
|---|---|---|
| IBIT (BlackRock) | −207.7 | −15.8 |
| FBTC (Fidelity) | −105.1 | −179.6 |
| ARKB (Ark 21Shares) | −101.7 | −186.9 |
| GBTC (Grayscale) | −39.3 | −39.3 |
| BITB (Bitwise) | −27.6 | −27.6 |
| HODL (VanEck) | −3.5 | −3.5 |
| Bitcoin ETFs total | −484.9 | −455.9 |
| ETHA (BlackRock) | −116.1 | −349.9 |
| ETHE (Grayscale) | −25.8 | −25.8 |
| Other ether funds (7 Oct: TETH −6.3, ETHW −5.9, ETHV −2.8, QETH −2.0, ETH −2.0; week to date includes FETH −18.9) | −19.0 | −37.9 |
| Ether ETFs total | −160.9 | −413.6 |
| Solana ETFs total (BSOL −4.8) | −4.8 | −17.7 |
Source: Farside Investors, US-listed spot funds; week to date covers 5–7 Oct. Funds with zero flow on the day are omitted.
The size is notable; the breadth is the point. Six bitcoin funds reported redemptions and none reported inflows, after two sessions in which IBIT’s buying masked selling elsewhere. Week to date, bitcoin funds are down $455.9 million, ether funds $413.6 million and Solana funds $17.7 million. Thursday’s prints were not yet available at publication.
Related: Wednesday’s market read
Related: What a spot bitcoin ETF is
This article is for information only and is not investment advice.