US spot Bitcoin ETF flows returned to positive territory in the week ended October 23, 2026, with approximately $301.2 million in net inflows despite heavy withdrawals over the final two sessions. The provisional result ended two consecutive weeks of outflows, but the recovery depended on BlackRock’s iShares Bitcoin Trust rather than broad demand across issuers.
Key Takeaways
- Bitcoin funds attracted a net $301.2 million for the week, with Friday’s figures still incomplete.
- BlackRock’s IBIT gained $565.7 million, while the remaining Bitcoin funds collectively lost approximately $264.5 million.
- Ether ETFs recorded $220.7 million in weekly withdrawals, extending their outflow streak to four weeks.
Table of Contents
- Bitcoin ETF flows withstand a late-week reversal
- BlackRock accounts for the weekly recovery
- Ether withdrawals continue as smaller categories diverge
- The next scheduled policy event
- Conclusion
Bitcoin ETF flows withstand a late-week reversal
Farside Investors data showed Bitcoin funds attracted $1.0747 billion over the first three trading sessions before losing $773.5 million across Thursday and Friday. Those late withdrawals erased most, but not all, of the early-week subscriptions.
Thursday’s $635.6 million withdrawal was larger than Wednesday’s entire inflow. Another $137.9 million left on Friday, underscoring how sharply demand changed within a week that nevertheless finished positive.
The weekly total remains provisional: VanEck’s HODL had not reported its Friday flow in Farside’s October 24 table. The missing figure could change both Friday’s result and the five-session balance.
| Item | Details |
|---|---|
| Monday, October 19, 2026 | Bitcoin ETF net inflow: $526.7 million |
| Tuesday, October 20, 2026 | Bitcoin ETF net inflow: $23.2 million |
| Wednesday, October 21, 2026 | Bitcoin ETF net inflow: $524.8 million |
| Thursday, October 22, 2026 | Bitcoin ETF net outflow: $635.6 million |
| Friday, October 23, 2026 | Provisional Bitcoin ETF net outflow: $137.9 million; VanEck HODL figure outstanding |
BlackRock accounts for the weekly recovery
BlackRock’s iShares Bitcoin Trust, known as IBIT, attracted $565.7 million over the five sessions. All other Bitcoin funds combined recorded approximately $264.5 million in withdrawals, leaving the category’s positive balance concentrated in one product.
IBIT was not insulated from the late-week selling. It lost approximately $254.1 million on Thursday and another $110.3 million on Friday, but Monday’s $665.2 million in subscriptions helped preserve its weekly gain.
Fidelity’s Wise Origin Bitcoin Fund lost $217.5 million on Thursday, while ARK 21Shares’ ARKB recorded $109.4 million in redemptions. BlackRock and Fidelity together represented roughly 74% of that day’s net Bitcoin ETF withdrawal.
ETF flows measure net share creations and redemptions, not every transaction in fund shares. They also do not establish that an equivalent dollar amount of Bitcoin was sold directly on spot exchanges.
Ether withdrawals continue as smaller categories diverge
Ethereum ETFs lost approximately $220.7 million during the week, following roughly $320.1 million in withdrawals the previous week. BlackRock’s iShares Ethereum Trust accounted for $233.2 million in redemptions, more than the category’s net loss because competing funds attracted offsetting subscriptions.
Friday brought a reported $4.4 million inflow, led by Fidelity’s FETH, but VanEck’s ETHV had not submitted its figure. That limited improvement did not reverse the category’s fourth consecutive week of net withdrawals.
Among smaller categories, SoSoValue data showed XRP spot ETFs attracted $3.55 million on October 22 through Franklin Templeton’s XRPZ. Solana funds lost approximately $8.51 million that day in the same dataset; Farside’s separate series put the withdrawal at $8.9 million and the full-week loss at approximately $17.6 million.
The next scheduled policy event
The Federal Reserve’s FOMC meeting calendar lists October 27–28, 2026, as the next scheduled policy meeting. That provides a dated event to watch after the volatile ETF week, but the calendar does not indicate how fund subscriptions will respond.
The distinction between a positive category total and broad participation remains important: Bitcoin’s weekly recovery coexisted with withdrawals from most of the category outside IBIT and continued pressure on Ether funds.
Conclusion
The next confirmed event is the Federal Reserve’s October 27–28 meeting. Before then, the outstanding VanEck figures could revise the weekly totals; the reported Bitcoin gain remains provisional and concentrated in IBIT.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
