started · updated
Crypto ETFs face heavy outflows as Bitcoin and Ethereum see significant redemptions
US cryptocurrency spot ETFs are experiencing significant capital outflows across multiple assets. Bitcoin ETFs recorded approximately $681 million in net withdrawals between October 5 and October 9. On October 12, US spot Bitcoin ETFs saw a net outflow of $65.4 million, with the entirety of that amount originating from BlackRock’s iShares Bitcoin Trust (IBIT).
Ethereum ETFs have faced a sustained period of selling, marking ten consecutive sessions of net outflows as of October 12. During October, Ethereum ETFs lost roughly $635 million. BlackRock’s iShares Ethereum Trust (ETHA) was a primary driver of these redemptions, accounting for approximately $75 million of the $85.4 million lost on October 12 alone.
Solana ETFs also saw a shift in momentum, recording $24.8 million in weekly outflows and ending a 14-week period of net inflows. Despite these ETF trends, Solana demonstrated strength in other sectors, capturing 65% of all tokenized equities trading volume in a single day, significantly outpacing other blockchain networks in that specific market.
Entities
Bitcoin · Bitwise · BlackRock · Coinbase · Ether · Ethereum · Fidelity · Grayscale · Solana · VanEck
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] XRP ETFs maintained a 13-week streak of net inflows.
- [● 6 SOURCES] US spot Ethereum ETFs logged nine consecutive sessions of net outflows. news.bitcoin.com · news.trijo.co · www.merca2.es · cryptonomist.ch · cryptobriefing.com
- [● 5 SOURCES] Solana ETFs recorded $24.8 million in weekly outflows, ending a 14-week inflow streak. cryptonomist.ch
- [● 6 SOURCES] US spot Bitcoin ETFs recorded a net outflow of $681.1 million over five sessions ending October 9. cryps.pl · mycryptoparadise.com · coinpaper.com · en.bitcoinsistemi.com
- [● 2 SOURCES] BlackRock’s iShares Ethereum Trust (ETHA) accounted for approximately $477 million of the weekly Ethereum ETF outflows.
- [● 6 SOURCES] Bitcoin ETFs saw a net inflow of $21.1 million on October 9. cryps.pl · mycryptoparadise.com · news.bitcoin.com · cryptonomist.ch
- [● 2 SOURCES] Solana accounted for 65% of all tokenized equities trading volume in a single day. www.cointrust.com
- [○ 1 SOURCE] US spot XRP ETFs recorded $11.31 million in net inflows between October 5 and October 9.
- [○ 1 SOURCE] XRP long-liquidations on Binance, Bybit, and OKX reached $40.70 million during October 7–8.
- [● 2 SOURCES] Ethereum ETFs lost approximately $635 million in October. cryptonomist.ch · www.merca2.es
- [● 2 SOURCES] US spot Bitcoin ETFs recorded a net outflow of $65.4 million on October 12, entirely from BlackRock’s IBIT. hedgeco.net · www.blockmedia.co.kr