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Bitcoin

Bitcoin ETFs log $228M in weekly sales as monthly outflows near $618M

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BlackRock and Fidelity funds led the redemptions, but the long-term inflow picture tells a calmer story US spot Bitcoin ETFs had a rough October stretch. Investors pulled $228.6 million from the funds over the five trading days ending October 16, 2026. That brings month-to-date net outflows to roughly $615 million, with some tallies putting the figure closer to $618 million. These funds have become the main on-ramp for institutional money into Bitcoin. When the exits outpace the entrances, people notice. BlackRock’s iShares Bitcoin Trust (IBIT) led the retreat. The fund saw approximately $165 million leave during the week, including $71.8 million on October 16 alone. Fidelity’s Wise Origin Bitcoin Fund (FBTC) also posted outflows on October 16. Its share was smaller, at $10.6 million.

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