US Crypto ETFs Shed $1.29B in Weekly Net Outflows

U.S. crypto exchange-traded funds tracked across five asset categories posted combined net outflows of $1.29 billion during the Oct. 5–9 trading week, according to data from Farside Investors. The steep exits reversed a positive week from Sept. 28–Oct. 2, when the same tables recorded a combined $29.2 million in net inflows.

Bitcoin and Ethereum products accounted for $1.22 billion of the total weekly redemptions, while funds tracking Solana, Zcash, and Hyperliquid added another $65.2 million in exits, leaving all five categories negative for the week.

Bitcoin and Ethereum Funds Drive Liquidations

Bitcoin ETFs recorded $678.9 million in weekly net outflows across five sessions. The category suffered its largest daily exit on Wednesday at $484.9 million, followed by $244.1 million on Thursday, before a $21.1 million inflow on Friday slightly tempered the deficit. Fidelity’s FBTC led weekly redemptions at $380.3 million, while ARK 21Shares’ ARKB shed $207.2 million. In contrast, BlackRock’s IBIT ended marginally positive with $1.1 million in net inflows.

Ethereum ETFs posted five straight sessions of negative flows, shedding $542.2 million over the week. BlackRock’s ETHA drove the downturn with $477.1 million in redemptions, representing roughly 88% of all Ethereum fund exits. Grayscale’s ETHE lost $31.9 million, and Fidelity’s FETH shed $13.4 million. Morgan Stanley’s MSSE was the sole Ethereum fund to finish positive, drawing $1.3 million on Thursday.

Outflows Extend Across Altcoin Categories

Solana funds recorded $25 million in weekly net outflows across five negative sessions, with Bitwise’s BSOL responsible for $21 million of the exits. Farside Investors' cumulative tally for Solana products stood at approximately $1.58 billion following Friday's close.

Zcash and Hyperliquid products lost an aggregate of $40.2 million. Zcash fund ZCSH shed $30.8 million, following $77.6 million in withdrawals the previous week. Hyperliquid products lost $9.4 million, led by $12.4 million in exits from THYP.

Key facts

• Tracked U.S. crypto ETFs logged $1.29 billion in net outflows between Oct. 5 and Oct. 9, reversing $29.2 million in prior-week inflows.
• Bitcoin ETFs shed $678.9 million, driven by $380.3 million in withdrawals from Fidelity's FBTC.
• Ethereum ETFs lost $542.2 million across five consecutive negative days, with BlackRock's ETHA accounting for $477.1 million.
• Solana, Zcash, and Hyperliquid products posted respective weekly net outflows of $25 million, $30.8 million, and $9.4 million.