Markets ·
Spot bitcoin ETFs lose about $679 million in one week
Net outflows over October 5–9 were driven by one heavy Wednesday. BlackRock's and Fidelity's funds led the withdrawals.
What happened
US spot bitcoin ETFs recorded about $678.9 million in net outflows over the five trading days of October 5–9.
The worst day was Wednesday, October 7, with $484.9 million withdrawn. The rest of the week was mixed: −$89.9M on Monday, +$118.8M on Tuesday, −$244.1M on Thursday and +$21.1M on Friday.
BlackRock's IBIT saw $207.7 million leave on Wednesday and $22.4 million come back on Friday. Fidelity's FBTC lost $197.1 million on Thursday.
Week total: about −$678.9M. Source: Farside Investors via Coinpaper.
My take Opinion, not advice.
ETF flow is one of the few honest sentiment numbers we get every day. It's also noisy. One week of outflows is a data point, not a trend.
What I do with it: I note it in my journal next to price. When flows and price disagree for several weeks, that's when it gets interesting.
What I'm watching
- Whether outflows continue into a second and third week
- Flows on days with macro news
- Ether ETF flows for comparison
Source: Coinpaper via KuCoin News, “Bitcoin ETFs Record $679M in Weekly Outflows Amid Uptober Slump”, published October 12, 2026 (flow data from Farside Investors).