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Bitcoin ETFs break 8-day inflow streak as outflows spike to $242 million

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On Oct.1, Bitcoin ETFs experienced significant net outflows, totaling $242.6 million, reflecting a sharp reversal from the large inflows seen in the previous week. Fidelity’s FBTC ETF led the withdrawals, recording $144.7 million in outflows, while Ark’s ARKB ETF saw $84.3 million in redemptions. Bitwise’s BITB ETF also posted $32.7 million in outflows, and VanEck’s HODL ETF lost $15.8 million. Grayscale’s GBTC ETF recorded a smaller outflow of $5.9 million. BlackRock’s IBIT ETF was the sole major fund with inflows, adding $40.8 million.

ETF Provider IBIT FBTC BITB ARKB BTCO EZBC BRRR HODL BTCW GBTC BTC Total ($M)
Bitcoin ETFs 40.8 (144.7) (32.7) (84.3) 0.0 0.0 0.0 (15.8) 0.0 (5.9) 0.0 (242.6)

Ethereum ETFs saw no major activity on Oct. 1. BlackRock’s ETHA ETF posted a modest inflow of $11 million, while Grayscale’s ETHE fund, which had experienced outflows the day before, remained unchanged. The market for other Ethereum ETFs, including Fidelity, Bitwise, 21Shares, VanEck, and Invesco, remained quiet, with no inflows or outflows reported.

ETF Provider ETHA FETH ETHW CETH ETHV QETH EZET ETHE ETH Total ($M)
Ethereum
ETFs
11.0 0.0 0.0 0.0 0.0 0.0 0.0 (11.8) 0.0 (0.8)

The sharp outflows from Bitcoin ETFs, particularly from Ark and Fidelity, suggest a potential shift in sentiment after the strong inflows of late September. Meanwhile, Ethereum ETFs remained relatively quiet, with minimal movements suggesting a wait-and-see approach among institutional investors.



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