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Three funds drove more than four-fifths of US crypto ETFs' $1.29 billion weekly outflow

US crypto ETFs shed a net $1.29 billion in the week of Oct. 5-9, crypto.news reported from Farside Investors tables. Every tracked category ended negative, but BlackRock's Ether fund and two Bitcoin funds supplied over four-fifths of the money that left.

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Illustration accompanying Three funds drove more than four-fifths of US crypto ETFs' $1.29 billion weekly outflow
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ETHA made up about 88% of Ether ETF outflows Weekly net flows for single US crypto ETFs and three ETF categories, in $ million, from Farside Investors data reported by crypto.news.

Key figures for the week: BlackRock ETHA net outflow $477.1 million; Fidelity FBTC net outflow $380.3 million; Solana, Zcash and Hyperliquid ETFs net outflows $65.2 million (Zcash $30.8 million, Solana $25 million, Hyperliquid $9.4 million); BlackRock IBIT net inflow $1.1 million.

ETHA made up about 88% of Ether ETF outflows
FigureValueNoteClaim
BlackRock ETHA, net outflow for the week$477.1 million13
Fidelity FBTC outflow$380.3 million12
Solana, Zcash, Hyperliquid ETFs, net outflows$65.2 millionZcash 30.8, Solana 25, Hyperliquid 9.43
BlackRock IBIT inflow$1.1 million8

What happened

  • Bitcoin and Ether funds together accounted for $1.22 billion of the week's withdrawals in Farside's daily figures.
  • BlackRock's ETHA lost $477.1 million, about 88% of the Ether category's weekly outflow, and on Tuesday matched the whole category's $201.9 million exit.
  • Ether funds were negative in all five sessions, with weekly outflows of $542.2 million against $138.1 million the week before.
  • Fidelity's FBTC led Bitcoin redemptions at $380.3 million, followed by ARK 21Shares' ARKB at $207.2 million.
  • Solana funds lost $25 million across five negative sessions, $21 million of it from Bitwise's BSOL.

Why it matters

  • Who's exposed exposure The weekly total for US crypto ETFs tracks a few funds more than category-wide demand, so redemptions in ETHA, FBTC and ARKB can set the headline by themselves.
  • What it limits constraint A tally of negative categories overstates breadth, because by subtraction the Solana, Zcash and Hyperliquid funds lost less this week than the week before.
  • Who has to decide decision Anyone using the total as a demand gauge has to separate Bitcoin's one-week reversal, about 70% of the swing, from an Ether exit already under way the week before.

Little of the money that left the week's three biggest losers showed up at rival funds [22], according to crypto.news's fund-level breakdown of Farside Investors' tables. The Bitcoin funds it reported with inflows, BlackRock's IBIT, Morgan Stanley's MSBT and Franklin Templeton's EZBC, took in $13.6 million between them [18]. FBTC and ARKB lost $587.5 million [23]. In Ether, Morgan Stanley's MSSE was the only fund with positive flows for the week, at $1.3 million [5].

Most of the week-on-week deterioration came from Bitcoin, or more precisely from Bitcoin's reversal out of inflows. The five categories had taken in $29.2 million during Sept. 28-Oct. 2 [19], so the move to $1.29 billion of outflows [1] is a swing of about $1.32 billion [24]. Bitcoin funds went from $241.1 million of inflows to $678.9 million of outflows [7], a $920 million turn and about 70% of the swing [20]. Ether's outflows grew by $404.1 million [15]. Take both out of the prior-week total and the Solana, Zcash and Hyperliquid funds come out about $73.8 million negative that week [25], slightly worse than this week's $65.2 million [3].

Those smaller funds are also small against their own base. Solana's weekly exit is about 1.6% [21] of the roughly $1.58 billion the category had gathered cumulatively by Friday [10].

One reading is that a few large holders rebalanced out of three funds, and that kind of selling can reverse within days; Bitcoin funds were back to a $21.1 million inflow by Friday [7]. Another is an exit specific to Ether. Eight of the eleven Ether funds crypto.news itemised posted outflows [16], and the seven outside ETHA lost $66.4 million combined [17]. A broad institutional retreat (the version the category count implies) would need the funds that held up this week to start posting outflows too. IBIT is the first place to look. It took in $191.9 million on Monday and Tuesday, lost $207.7 million on Wednesday and still finished the week $1.1 million ahead [8].

We think the cash fits the first two readings, with Ether's exit the more persistent, since Ether funds posted net outflows in both weeks [4] while Bitcoin funds drew inflows the week before [7]. The case against is Ether's breadth by fund count. It holds even though ETHA dominates the dollars [16]. The view is wrong if outflows spread to IBIT and to Bitcoin funds beyond Fidelity's and ARK's [12][8].

What to watch

  • ETHA's share of Ether outflows in the following week: a share well below this week's 88% would mean the selling has spread across issuers.
  • The combined Solana, Zcash and Hyperliquid total against this week's $65.2 million and the prior week's implied $73.8 million; growth past both would support a broad retreat.
  • Whether Bitcoin funds' $21.1 million Friday inflow carries into the following week's sessions.

Information, not investment advice. This story is general information about companies and markets, drawn from cited reporting. It is not a recommendation to buy, sell or hold any security; check the cited sources before acting.

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  1. [1]

    U.S. crypto ETFs tracked across Farside Investors' Bitcoin, Ethereum, Solana, Hyperliquid and Zcash tables recorded combined net outflows of $1.29 billion during Oct. 5-9, leaving all five groups negative for the week.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  2. [2]

    Farside Investors' daily figures put combined Bitcoin and Ethereum ETF withdrawals at $1.22 billion for the five trading sessions of Oct. 5-9.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  3. [3]

    The other three tracked categories added $65.2 million in net outflows: Solana ETFs shed $25 million, and Zcash and Hyperliquid products posted weekly outflows of $30.8 million and $9.4 million.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  4. [4]

    Ethereum ETFs recorded $542.2 million in weekly net outflows, up from $138.1 million during Sept. 28-Oct. 2, and every session in the latest week ended negative.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  5. [5]

    Morgan Stanley's MSSE added $1.3 million, making it the only Ethereum fund in the table with positive net flows for the week; BlackRock's ETHB and Franklin Templeton's EZET recorded no net flows.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  6. [6]

    Grayscale's ETHE lost $31.9 million, Fidelity's FETH $13.4 million, Bitwise's ETHW $5.9 million, 21Shares' TETH $7.5 million, VanEck's ETHV $3.7 million, Invesco's QETH $2 million and Grayscale's Ethereum Mini Trust $2 million.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  7. [7]

    Bitcoin ETFs lost $678.9 million during Oct. 5-9, compared with $241.1 million in inflows the previous week; a $21.1 million inflow on Friday reduced the weekly loss.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  8. [8]

    BlackRock's IBIT finished marginally positive at $1.1 million: Monday and Tuesday inflows totaled $191.9 million, Wednesday's $207.7 million withdrawal erased that gain, Thursday brought a $5.5 million exit and Friday added $22.4 million.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  9. [9]

    Solana ETFs recorded withdrawals on every trading day, totaling $25 million, with Bitwise's BSOL accounting for $21 million.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  10. [10]

    Farside's cumulative total for the Solana ETF category stood at approximately $1.58 billion after Friday's session.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  11. [11]

    Morgan Stanley's MSBT gained $7.8 million and Franklin Templeton's EZBC added $4.7 million for the week.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  12. [12]

    Fidelity's FBTC led Bitcoin ETF withdrawals with $380.3 million, followed by ARK 21Shares' ARKB at $207.2 million.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  13. [13]

    BlackRock's ETHA accounted for $477.1 million of Ether ETF outflows, approximately 88% of the weekly total; its Tuesday withdrawal matched the entire category's $201.9 million outflow that day.

    Reported Supported Source: crypto.news, from Farside Investors dataView cited source
  14. [14]

    Summing the five category figures gives net outflows of $1,286.3 million for Oct. 5-9.

    Derived Supported
  15. [15]

    Ether ETF outflows grew by $404.1 million week on week.

    Derived Supported
  16. [16]

    Eight of the eleven Ether funds itemised in the report posted net outflows for the week (ETHA plus seven others), one posted inflows (MSSE) and two had no net flows (ETHB, EZET).

    Derived Supported
  17. [17]

    The seven Ether funds with outflows other than ETHA lost $66.4 million combined.

    Derived Supported
  18. [18]

    IBIT, MSBT and EZBC took in $13.6 million combined during the week.

    Derived Supported
  19. [19]

    Calculated from Farside's tables, the five categories had attracted a combined $29.2 million during Sept. 28-Oct. 2.

    Reported Supported Source: crypto.news calculation from Farside Investors tablesView cited source
  20. [20]

    Bitcoin funds' turn from $241.1 million of inflows to $678.9 million of outflows is a $920 million swing, about 70% of the total week-on-week swing.

    Derived Supported
  21. [21]

    Solana ETFs' $25 million weekly outflow is about 1.6% of the category's roughly $1.58 billion cumulative total.

    Derived Supported
  22. [22]

    ETHA, FBTC and ARKB together lost $1,064.6 million, about $1.06 billion, or roughly 83% (more than four-fifths) of the week's net outflows.

    Derived Supported
  23. [23]

    FBTC and ARKB lost $587.5 million combined.

    Derived Supported
  24. [24]

    The week-on-week swing across the five categories was about $1.32 billion, from $29.2 million of inflows to $1,286.3 million of outflows.

    Derived Supported
  25. [25]

    By subtraction, the Solana, Zcash and Hyperliquid categories had combined net outflows of about $73.8 million in Sept. 28-Oct. 2, $8.6 million more than their $65.2 million in Oct. 5-9.

    Derived Supported

Sources

4 independent publishers whose own reporting we read for this story.

  1. crypto.news

    1 article · October 10, 2026

    Crypto ETFs shed $1.29b as Bitcoin and Ether lead exits
  2. cryptobriefing.com

    1 article · October 12, 2026

    Spot Bitcoin and Ethereum ETFs bleed $1.22 billion in a single week
  3. cryptoslate.com

    1 article · October 11, 2026

    XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion
  4. news.bitcoin.com

    1 article · October 12, 2026

    Bitcoin, Ether ETFs Lose $1.2 Billion as Institutional Demand Cracks

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