BTC $83,378 
ETH $2,525 
USDT $0.9991 
BNB $752.64 
XRP $1.41 
USDC $0.9997 
SOL $110.93 
TRX $0.3301 
FIGR_HELOC $1.06 
ZEC $1,244 Crypto ETFs lost $1.29 billion as bitcoin and ether funds led exits
US-listed crypto ETFs posted net withdrawals in the week ended Oct. 9, led by bitcoin and ether funds, while XRP funds added money.
Key takeaways
- Bitcoin and ether led. Bitcoin and ether funds drove most of the $1.29 billion in weekly net withdrawals reported by Farside Investors.
- Solana's streak ended. Solana funds lost about $25 million and ended a record 14-week run of inflows.
- XRP funds stood alone. XRP ETFs added $11.31 million, taking their inflow streak to 13 weeks while other funds posted redemptions.
What happened
US-listed crypto exchange-traded funds ended the week of Oct. 5 to Oct. 9 with net withdrawals. CoinCentral, citing Farside Investors, put the total at $1.29 billion. Farside counted $681,000,000 leaving bitcoin products and $542,000,000 leaving ether products.
Bitcoin fund outflows came to $678.9 million over the week on Farside's count, while SoSoValue put the figure at $681.1 million. That ended a three-week run of inflows. Wednesday was the heaviest day at $484.9 million, and Friday brought $21.1 million back in.
Fidelity's bitcoin fund lost $380.3 million, the largest single-fund figure, while the ARK 21Shares fund lost $207.2 million and BlackRock's bitcoin fund added $1.1 million. Bitcoin funds ended the week with $105.84 billion in net assets.
Ether funds lost $542.2 million, their worst week since January, with $477.1 million of that from BlackRock's ether fund. Solana funds shed about $25 million, ending a record 14-week inflow streak, while XRP ETFs drew $11.31 million.
Why it matters
The week reversed a stretch of steady subscriptions. Bitcoin funds had taken in money for three weeks before the shift, and Solana products had not logged a negative week since June. XRP funds were the only group in the reports to keep attracting money, extending their run to 13 weeks.
Net assets fell for both large groups. Bitcoin ETF net assets ended the week at $105.84 billion, down from $108.89 billion, and ether fund assets dropped to $15.71 billion from $17.46 billion. Ether fund cumulative inflows since launch slipped to $13.26 billion.
What the data shows
- Bitcoin ETFs: $681.1 million in weekly net withdrawals per SoSoValue, and $105.84 billion in net assets.
- Ether ETFs: $542.2 million in weekly outflows, their worst week since January, and $15.71 billion in net assets.
- Solana ETFs: $24.81 million in weekly redemptions, their first negative week since June, and $1.58 billion in cumulative inflows.
- XRP ETFs: $11.31 million in weekly inflows and a 13-week inflow streak.
What is still unclear
- The two data providers give slightly different totals. Farside put the weekly loss at $1.29 billion, while SoSoValue counted about $1.25 billion across bitcoin, ether and solana funds.
- Net asset changes reflect both subscriptions or redemptions and moves in coin prices, so the fall in assets does not match the withdrawals alone.
Questions readers ask
How much did crypto ETFs lose last week?
Farside Investors data reported by CoinCentral put the weekly loss at $1.29 billion. SoSoValue counted about $1.25 billion in combined losses for bitcoin, ether and solana funds.
Which crypto ETF had the biggest outflow?
BlackRock's ether fund lost $477.1 million, about 88% of the ether weekly total. Among bitcoin funds, Fidelity's fund lost $380.3 million, the most of any single fund.
Did any crypto ETF take in money that week?
XRP ETFs added $11.31 million and extended their inflow streak to 13 weeks. BlackRock's bitcoin fund also took in $1.1 million.
What were bitcoin and ether prices at the time?
CoinCentral reported ether near $2,506, solana around $110.50 and bitcoin near $82,900, citing The Block.
