In the period from 5 to 9 October, American cryptocurrency ETF tracked by Farside Investors and including BTC, ETH, SOL, HYPE and ZEC, recorded a total net outflow of $1.29 billion, with the bulk of the withdrawn funds coming from BTC and ETH funds.
According to Farside Investors' daily data, the total outflow from Bitcoin and Ethereum ETF over five trading sessions amounted to $1.22 billion. The three other tracked categories saw a net outflow of $65.2 million, resulting in all five groups posting negative outflows for the week.
According to calculations based on these tables, in the period from 28 September to 2 October, the five categories attracted a total of $29.2 million. The previous inflow into bitcoin offset outflows from other sources, but its sharp reversal caused the latest total inflow to fall sharply into negative territory.
Bitcoin ETF lost $678.9 million despite Friday inflows
In the period from 5 to 9 October, Bitcoin ETF recorded three negative and two positive sessions. On Monday, the funds lost $89.8 million, and on Tuesday they attracted $118.8 million.
Wednesday saw the largest daily inflow — $484.9 million — followed by another inflow of $244.1 million on Thursday. An inflow of $21.1 million on Friday reduced weekly losses to $678.9 million, compared to an inflow of $241.1 million the previous week.
At the fund level, the outflow from Fidelity's FBTC led with $380.3 million, followed by ARKB from ARK 21Shares with $207.2 million. Bitwise's BITB lost $45.3 million, and Grayscale's GBTC — $47.5 million.
Inflows into BlackRock's IBIT ended trading with a small positive result of $1.1 million. Inflows on Monday and Tuesday totaled $191.9 million, but a withdrawal of $207.7 million on Wednesday offset that gain. Another $5.5 million was attracted on Thursday, and on Friday inflows increased by $22.4 million.
Morgan Stanley MSBT shares rose by $7.8 million, while EZBC from Franklin Templeton gained $4.7 million. Grayscale Bitcoin Mini Trust shares lost $11 million, and HODL from VanEck closed trading down $1.2 million.
ETF based on Ethereum recorded 5 consecutive days of outflows
According to Farside's Ethereum data, weekly net outflows totaled $542.2 million, which is $138.1 million more than in the period from 28 September to 2 October. All trading sessions in the latest reporting period ended with negative outflows.
On Monday, $50.8 million was withdrawn, followed by a withdrawal of $201.9 million on Tuesday, which was the largest daily outflow. The funds then lost $160.9 million on Wednesday, $72.5 million on Thursday and $56.1 million on Friday.
BlackRock's ETHA fund accounted for $477.1 million, or approximately 88% of the total weekly amount. Tuesday's outflow coincided with outflows from the entire category on the same day, which totaled $201.9 million.
ETHE from Grayscale lost $31.9 million, while FETH from Fidelity saw $13.4 million in net inflows. ETHW from Bitwise lost $5.9 million, and TETH from 21Shares — $7.5 million.
Operations with VanEck's ETHV and Invesco's QETH resulted in $3.7 million and $2 million, respectively. Grayscale's Ethereum Mini Trust also lost $2 million.
On Thursday, the Morgan Stanley MSSE fund gained $1.3 million, becoming the only Ethereum fund in the table with a positive net inflow for the week. BlackRock ETHB and Franklin Templeton EZET funds recorded no net inflows.
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