Crypto ETF weekly flows: bitcoin funds take in $439 million, ether funds lose $225 million (19 to 22 October)

US spot bitcoin exchange-traded funds (ETFs) recorded net inflows of US$439.1 million from Monday 19 to Thursday 22 October, New York time, while US spot ether ETFs had net outflows of US$225.1 million, according to data published by Farside Investors. Figures for Friday 23 October, whose session closed at 8pm GMT, had not been published by data providers at the time of writing.

What ETF inflows and outflows mean

A spot crypto ETF is a fund listed on a US stock exchange that holds the cryptocurrency itself. A net inflow means investors put more money into a fund than they took out over the period, so the fund creates new shares and the issuer adds to its holdings of the underlying coin. A net outflow means redemptions exceeded new purchases, so shares are cancelled and the fund’s holdings fall. The figures measure money moving in and out of the funds; they are not a measure of price.

Bitcoin: US$439.1 million net inflow

Daily net flows across the 12 US spot bitcoin funds, according to Farside Investors:

Session (New York)	Net flow
Monday 19 October	+US$526.7 million
Tuesday 20 October	+US$23.2 million
Wednesday 21 October	+US$524.8 million
Thursday 22 October	−US$635.6 million
Monday to Thursday	+US$439.1 million

BlackRock’s iShares Bitcoin Trust (IBIT) accounted for more than the whole week’s total, with net inflows of US$676.0 million, including US$665.2 million on Monday alone. Fidelity’s FBTC had net outflows of US$84.8 million over the four days, ARK 21Shares’ ARKB US$99.6 million, Grayscale’s GBTC US$51.8 million and Bitwise’s BITB US$18.5 million. Grayscale’s Bitcoin Mini Trust (BTC) added US$8.2 million, Franklin Templeton’s EZBC US$7.3 million and Morgan Stanley’s MSBT US$2.3 million, the Farside data show.

Thursday’s US$635.6 million outflow was the largest daily total since June, The Block reported, led by IBIT (US$254.1 million), FBTC (US$217.5 million) and ARKB (US$109.4 million). The Block’s own tally put the week’s inflow at US$442.7 million, using slightly different daily figures. Cumulative net inflows into US spot bitcoin ETFs since they launched in January 2024 stood at about US$57.4 billion, according to Farside.

The week followed net outflows of US$228.4 million in the week to 16 October and US$678.9 million in the week to 9 October, according to Farside’s daily figures.

Ethereum: US$225.1 million net outflow

Session (New York)	Net flow
Monday 19 October	−US$103.3 million
Tuesday 20 October	−US$26.1 million
Wednesday 21 October	+US$14.9 million
Thursday 22 October	−US$110.6 million
Monday to Thursday	−US$225.1 million

BlackRock’s iShares Ethereum Trust (ETHA) recorded outflows in all four sessions, totalling US$233.2 million, according to Farside. BlackRock’s iShares Staked Ethereum Trust (ETHB) lost US$17.2 million on Thursday and Grayscale’s Ethereum Trust (ETHE) US$11.5 million over the week. Grayscale’s Ethereum Mini Trust (ETH) took in US$20.7 million and Fidelity’s FETH US$13.0 million. Wednesday’s inflow was the funds’ only positive session of the week. Cumulative net inflows into US spot ether ETFs stood at about US$12.7 billion.

XRP: US$3.3 million net inflow

US spot XRP ETFs recorded no net flows on Monday and Tuesday, then took in US$0.7 million on Wednesday and US$2.6 million on Thursday, a total of about US$3.3 million, according to CryptoETF.today. Franklin Templeton’s XRPZ added US$4.9 million across the two days, while Bitwise’s XRP fund had a US$1.5 million outflow on Wednesday. The five funds had cumulative net inflows of US$1.81 billion and assets of US$1.48 billion, the site’s data show. The previous week, the funds recorded net outflows of about US$1.84 million, ending a run of 13 consecutive weekly inflows, BeInCrypto reported, citing SoSoValue.

Solana: US$17.6 million net outflow

US spot Solana ETFs had net outflows of US$17.6 million from Monday to Thursday, according to Farside Investors: US$6.7 million on Monday, US$2.6 million on Tuesday, an inflow of US$0.6 million on Wednesday and an outflow of US$8.9 million on Thursday. Bitwise’s BSOL lost US$10.6 million and Grayscale’s GSOL US$5.8 million. Cumulative net inflows stood at about US$1.53 billion. CryptoETF.today, which tracks nine Solana funds, listed Thursday’s data as partial, with one fund yet to report.

Other US spot crypto ETFs

Net flows from Monday 19 to Thursday 22 October and cumulative net flows since launch, according to CryptoETF.today (figures rounded; “0” means no creations or redemptions were reported):

Coin	Funds	Net flow, 19–22 Oct	Cumulative net flow	Assets
Hyperliquid (HYPE)	3	−US$15.2 million	US$310.0 million	US$390.0 million
Zcash (ZEC)	1	+US$20.6 million	US$199.1 million	US$667.2 million
Chainlink (LINK)	2	0	US$181.1 million	US$211.8 million
Hedera (HBAR)	1	+US$0.1 million	US$113.6 million	US$63.4 million
BNB (BNB)	1	0	US$99.7 million	US$96.7 million
NEAR (NEAR)	1	+US$4.2 million	US$87.3 million	US$85.2 million
Avalanche (AVAX)	3	0	US$37.4 million	US$51.4 million
Sui (SUI)	3	+US$2.0 million	US$24.2 million	US$97.2 million
Litecoin (LTC)	1	+US$0.6 million	US$17.2 million	US$13.5 million
Dogecoin (DOGE)	3	0	US$15.1 million	US$13.4 million
Polkadot (DOT)	1	0	US$3.3 million	US$11.2 million
Tron (TRX)	1	0	US$0.5 million	US$49.2 million

Grayscale’s Zcash ETF (ZCSH) recorded the largest inflows among these funds, taking in US$15.2 million on Wednesday and US$14.2 million on Thursday after a US$10.4 million outflow on Monday. CryptoETF.today listed Thursday’s Sui and Dogecoin figures as partial, with one fund in each yet to report.

Across all 16 coins, US spot crypto ETFs had a combined net outflow of US$745.1 million on Thursday, the largest daily outflow in 90 trading days, according to CryptoETF.today.

See also: Monday’s US$526.6 million bitcoin ETF inflow, led by IBIT and the previous week’s US$320 million ether fund outflow.