Crypto ETFs Face $549M Exodus While ETH Funds Approach $1B in October Losses
Spot Ether exchange-traded funds in the United States have witnessed approximately $955 million in net withdrawals throughout October to date, as Bitcoin ETFs continue their second consecutive week of outflows.
Exchange-traded funds focused on US spot Bitcoin and Ether experienced combined net outflows totaling $549 million during the past week, as market participants continued withdrawing capital from the two largest cryptocurrency investment vehicles.
Weekly net outflows from Bitcoin ETFs reached approximately $229 million, whereas Ether-focused funds experienced even more substantial withdrawals totaling $320 million, based on data provided by SoSoValue.
These most recent withdrawals represent a second straight week of negative flows for Bitcoin ETFs and extend the losing streak to three consecutive weeks for Ether funds. The pace of outflows decelerated compared to the prior week, during which the combined products registered $1.22 billion in net withdrawals.
Throughout October to this point, spot Ether ETFs have witnessed approximately $955 million in net outflows, representing a monthly total exceeding any other month recorded during the current year.
The price of Ether (ETH) declined by 5% during the previous seven-day period to trade at approximately $2,433, whereas Bitcoin experienced a more modest drop of 1.3% to reach $82,783 as of the time of publication, based on data from CoinGecko.
Notwithstanding these withdrawals, exchange-traded funds for both Bitcoin and Ether continue to maintain positive net inflows for the 2026 calendar year, with Bitcoin ETFs accumulating approximately $259 million in net inflows on a year-to-date basis and Ether ETFs collecting around $610 million.
Exchange-traded funds tracking Solana (SOL) witnessed approximately $26 million in net outflows throughout the week, with Zcash (ZEC) following at $19 million and Hyperliquid (HYPE) registering $18 million, based on data from SoSoValue. Funds focused on XRP and BNB experienced more modest outflows totaling $1.8 million and $285,000, respectively.