US spot bitcoin ETFs took in a net $21.1 million on Friday, 9 Oct, according to Farside data, their first inflow since Tuesday. It followed redemptions of $484.9 million on Wednesday and $244.1 million on Thursday. BlackRock’s IBIT drew $22.4 million, Fidelity’s FBTC lost $3.6 million and VanEck’s HODL added $2.3 million.
Related: Thursday’s ETF Desk
Ether funds lost $56.1 million, all of it from BlackRock’s ETHA, a ninth straight outflow day. Farside’s 9 Oct row was blank when we last checked on Friday evening; it is now complete for every fund.
| Fund | Net flow, 9 Oct ($M) | Week to date ($M) |
|---|---|---|
| IBIT (BlackRock) | +22.4 | +1.1 |
| HODL (VanEck) | +2.3 | −1.2 |
| FBTC (Fidelity) | −3.6 | −380.3 |
| ARKB (Ark 21Shares) | 0.0 | −207.2 |
| GBTC (Grayscale) | 0.0 | −47.5 |
| BITB (Bitwise) | 0.0 | −45.3 |
| Other bitcoin funds (net) | 0.0 | +1.5 |
| Bitcoin ETFs total | +21.1 | −678.9 |
| ETHA (BlackRock) | −56.1 | −477.1 |
| ETHE (Grayscale) | 0.0 | −31.9 |
| FETH (Fidelity) | 0.0 | −13.4 |
| Other ether funds (net) | 0.0 | −19.8 |
| Ether ETFs total | −56.1 | −542.2 |
Source: Farside Investors, US-listed spot funds; week to date covers 5–9 Oct and is the sum of daily Farside rows. “Other” groups the remaining listed funds in each category. Funds with no flow on the day show 0.0.
Friday’s inflow is a pause, not a reversal. It is under a twentieth of Wednesday’s outflow, and bitcoin funds still ended the week $678.9 million lower, with the month to date at −$386.3 million after seven trading days. IBIT, the largest fund, is roughly flat on the week at +$1.1 million; FBTC and ARKB account for $587.5 million of the decline.
Ether is the weaker tape. Nine consecutive outflow sessions since 29 Sep add up to $697.4 million, and ETHA alone has lost $477.1 million this week. Flows are a record of what authorised participants created and redeemed, not a forecast. Bitcoin’s Friday close (00:00 UTC Saturday) on Kraken was $82,559, up 1.1% on the day.
Related: Evernorth’s merger close, the other institutional story this morning
Related: What a spot bitcoin ETF is
This article is for information only and is not investment advice.