U.S. spot cryptocurrency exchange-traded funds recorded approximately $1.25 billion in combined net outflows during the week ending October 9, 2026, as investors reduced exposure across Bitcoin, Ethereum and Solana investment products.
According to updated data from Farside Investors, Bitcoin ETFs experienced $678.9 million in net redemptions, while Ethereum funds lost $542.2 million and Solana products recorded $25 million in withdrawals.
The combined weekly outflow reached $1.246 billion, reversing the relatively stronger demand seen in Bitcoin products during the preceding week. Selling intensified on October 7, when the three categories collectively lost $650.6 million, followed by another $320.1 million on October 8.
Friday brought some stabilization, with Bitcoin ETFs attracting $21.1 million. However, Ethereum and Solana funds continued recording withdrawals, leaving the final session negative overall.
The figures illustrate a broad reduction in cryptocurrency ETF exposure, although the concentration of redemptions differed considerably between issuers.
Fidelity and ARK Drive Bitcoin ETF Withdrawals
Bitcoin ETFs recorded their largest weekly outflows in several sessions, with selling concentrated in Fidelity and ARK Invest products.
Fidelity’s Wise Origin Bitcoin Fund, FBTC, lost $380.3 million, accounting for approximately 56% of the category’s net withdrawals.
ARK Invest and 21Shares’ ARKB followed with $207.2 million in redemptions. Bitwise’s BITB lost $45.3 million, while Grayscale’s GBTC recorded $47.5 million in withdrawals. BlackRock’s iShares Bitcoin Trust, IBIT, finished the week with a modest $1.1 million net inflow, despite experiencing a $207.7 million withdrawal on October 7.
The weekly pattern was volatile. Bitcoin ETFs lost $89.8 million on Monday before attracting $118.8 million on Tuesday.
Wednesday brought the largest withdrawal at $484.9 million, followed by $244.1 million on Thursday. Friday’s $21.1 million inflow recovered only a small portion of those losses. The result contrasted with the previous week’s approximately $241 million in net inflows, representing a reversal of roughly $920 million.
BlackRock Leads Ethereum Losses as Solana Streak Ends
Ethereum ETFs experienced withdrawals during all five trading sessions. BlackRock’s iShares Ethereum Trust, ETHA, accounted for $477.1 million in net redemptions, representing approximately 88% of the category’s weekly losses. The fund’s largest single-day withdrawal occurred on October 6, when investors redeemed $201.9 million.
Additional redemptions included $116.1 million on October 7, $71.1 million on October 8 and $56.1 million on October 9. Other Ethereum products experienced comparatively smaller movements, although Fidelity’s FETH and Grayscale’s ETHE also contributed to the negative weekly balance.
Solana ETFs recorded five consecutive sessions of net outflows, totaling $25 million. Bitwise’s BSOL accounted for $21 million in redemptions, while Fidelity’s FSOL lost $2.1 million and Grayscale’s GSOL shed $3.7 million. Morgan Stanley’s MSOL partially offset those withdrawals with a $1.8 million inflow.
The negative week ended Solana ETFs’ reported 14-week inflow streak, according to SoSoValue-based analysis. That provider estimated weekly withdrawals of $24.8 million, compared with Farside’s $25 million, reflecting a small difference between datasets.
The broader withdrawals occurred amid rising Treasury yields and concerns about inflation, conditions that can weigh on risk-sensitive investments. However, ETF flow data does not establish investors’ motivations or directly measure cryptocurrency trading activity outside regulated funds. The principal development was the scale and concentration of withdrawals, with Fidelity and ARK leading Bitcoin redemptions and BlackRock accounting for most Ethereum ETF losses.
The next trading sessions will indicate whether Friday’s improvement in Bitcoin demand develops into a broader recovery across cryptocurrency investment products.
