U.S. crypto ETFs recorded $610.7 million in net outflows during the week of Oct. 12-16, with Ethereum funds losing more money than Bitcoin products, according to Farside Investors data tracked across five tables.

The weekly total marked a 52.5% decline from the $1.29 billion in net withdrawals recorded during the previous week, when Bitcoin accounted for $678.9 million and Ethereum products shed $542.2 million.

Ethereum ETFs Lead Losses

Ethereum ETFs lost $320.1 million over the five sessions, with BlackRock's ETHA accounting for $299 million, or 93.4% of the category's net weekly outflow, calculated from Farside's daily entries.

The category recorded four negative sessions and one positive day. The week began with an $85.4 million exit on Monday, then saw $24.8 million enter on Tuesday, only for Wednesday to post the period's steepest single-day departure at $129.5 million. Losses continued with $60.3 million on Thursday and $69.7 million on Friday.

Over the course of the week, Fidelity's FETH drew in $10.5 million, whereas Grayscale's Ethereum Mini Trust saw $12.4 million depart. An $18.3 million outflow hit Grayscale's ETHE, while Franklin Templeton's EZET lost $900,000. No net flows were recorded for the other Ethereum products in the table during the period.

Withdrawals from Bitcoin funds totaled $228.4 million across the week, even though the category posted gains in two sessions. The funds attracted $175.7 million on Tuesday, their strongest session, but a $261.4 million outflow on Wednesday more than erased those gains, and the week closed with an $82.4 million departure on Friday.

Calculated from its five daily entries, BlackRock's IBIT posted a weekly loss of $165.4 million. Fidelity's FBTC saw $60.2 million leave, while Morgan Stanley's MSBT drew $6.7 million and Bitwise's BITB gained $2.2 million. Invesco's BTCO recorded a $4.1 million outflow, and Grayscale's Bitcoin Mini Trust lost $7.6 million.

Daily Flow Pattern

Tuesday was the only session with combined net inflows, when funds attracted $194.3 million after losing $155.5 million on Monday. The heaviest single-day loss of the period came Wednesday at $393.4 million. Outflows continued with $90.1 million on Thursday and $166 million on Friday.

Over the five days, the two largest categories, Bitcoin and Ethereum, made up $548.5 million of the total, roughly 89.8% of the combined net withdrawal derived from Farside's data.

The three smaller tracked categories, Solana, Zcash and Hyperliquid, finished the week down a combined $62.2 million. Solana funds recorded $25.5 million in withdrawals across five negative sessions, with Bitwise's BSOL accounting for $18.8 million of the weekly loss. Thursday saw a $6 million exit from Grayscale's GSOL, and VSOL gave up $700,000 on Monday. The category's biggest single-day loss came Friday at $12.7 million, all of it from BSOL.

Farside's daily figures show a $19.2 million weekly loss for Zcash's tracked ZCSH product. The fund drew $3.7 million on Wednesday, though that was outweighed by a $14.8 million outflow the following day. Hyperliquid products recorded $17.5 million in weekly withdrawals.

Comparisons and Context

CoinShares reported $434 million in withdrawals from global digital asset investment products during its reporting week ending Oct. 16. That firm's dataset spans global products and uses a different reporting cutoff than the five U.S. ETF categories covered in this tally, so the figures are not directly comparable. CoinShares attributed its reported withdrawals to changing interest rate expectations after U.S. inflation and retail sales releases. Its assessment concerned its own dataset; Farside's tables provide fund flows without assigning a cause to individual transactions.

The Oct. 8 session had already delivered a sharp blow to Bitcoin funds, with $484.9 million pulled in a single day, identified as their largest daily outflow since June 25, when withdrawals reached $691.7 million.

U.S. spot Bitcoin ETFs lost $82.39 million in net outflows on Oct. 16, while Ethereum ETFs gave up $69.68 million the same day, according to Crypto Briefing. Taken together, roughly $152 million exited the two groups in that single session. For the month through mid-October, Bitcoin ETFs had accumulated roughly $535 million in net outflows, reversing September, when the funds pulled in about $2.6 billion of fresh money.

Bitcoin ETF trading volume topped $7.5 billion in the week ending Oct. 16, while the week's net selling totaled only about $145 million. Some alternative tallies placed Bitcoin's daily outflow at just $10.6 million, with Fidelity's FBTC leading the redemptions. Reporting differences between data sources are common with ETF flows, which settle and get compiled on different schedules.

Fund Sizes and Holdings

Even after the latest round of redemptions, the scale of the Bitcoin ETF complex is still vast, with total assets estimated at around $105 to $106 billion. The funds collectively hold more than 1.27 million BTC. Measured against those assets, the $82.39 million outflow on Oct. 16 is less than a tenth of one percent.

U.S. spot Bitcoin ETFs began trading in January 2024, and cumulative net inflows since launch have reached roughly $57 billion. Set against that total, October's roughly $535 million in outflows amounts to less than 1% of everything that has flowed in since launch.

BlackRock's iShares Bitcoin Trust, ticker IBIT, is the largest Bitcoin ETF by assets. Fidelity's FBTC and Grayscale's GBTC round out the most closely watched names. Grayscale's fund has a longer history than most, having converted from a closed-end trust into a spot ETF.

Ethereum ETFs hold approximately $15 billion in total assets. That makes the $69.68 million daily outflow on Oct. 16 proportionally heavier than Bitcoin's, even though the dollar figure is lower. For Ethereum, with a much smaller asset base of approximately $15 billion, sustained outflows of this size would take a bigger proportional bite than equivalent dollar outflows from Bitcoin ETFs.

XRP Funds See Inflows

U.S. spot XRP ETFs recorded about $740,000 in net inflows on Oct. 14, even as the coin lost 6% of its price over 24 hours, according to Yahoo Finance. Bitcoin, Ethereum, Solana, and Hyperliquid funds lost nearly $400 million combined on the same day. Crypto prices slid after a hotter-than-expected U.S. Consumer Price Index reading on Oct. 14.

XRP ETFs have recorded 13 consecutive weeks of net inflows, with the last losing week ending July 10 at about $7.2 million in outflows. Cumulative net inflows reached a record $1.80 billion, evidence that demand for the funds has persisted through a weak stretch for the underlying token.

The pace has cooled from its late-September peak. The week ending Sept. 25 brought $75.6 million in inflows, followed by $4.7 million and $11.3 million in the next two weeks, respectively. XRP ETF net assets fell from $1.77 billion on Sept. 25 to $1.51 billion as the token price declined, despite continued net additions; lower asset values can offset inflows.

XRP price remained about 64% below its all-time high of $3.65, set on July 17, 2025. At the same time, its 30-day XRP whale deposits to Binance reached 1.669 billion XRP, a seven-month high, compared with roughly 1.65 billion XRP in September. Higher exchange inflows can increase the amount of XRP available for sale, adding a potential supply overhang while ETF buyers continue accumulating. But deposits are not proof of selling; the transfers may reflect wallet reshuffling or use of other Binance services, and the reported metric alone does not confirm that holders sold their coins.

Analyst Views

Spot Bitcoin and Ethereum ETFs recorded around $500 million and $600 million in weekly net outflows over the past week, which Charles Schwab equity research director Adam Lynch attributes to tactical institutional trading rather than weakening long-term demand. Investors are using crypto ETFs to move substantial capital over shorter periods, benefiting from their liquidity and cost efficiency, Lynch said in a Schwab Network interview.

Lynch expects crypto ETFs to expand beyond Bitcoin and Ethereum to assets including XRP, Solana and Dogecoin. He identified regulatory progress and Ethereum's upcoming Q4 network upgrade, aimed at improving speed and capacity, as potential catalysts. Despite the Clarity Act's setback, the CFTC and SEC are advancing separate crypto regulatory initiatives.

Grayscale research head Zach Pandl expects Bitcoin to withstand further modest rate hikes as demand for scarce assets remains supported by fiscal deficits and currency debasement concerns. He believes Bitcoin bottomed near $58,000 in June, despite Fed rate hikes, rising bond yields and regulatory uncertainty.

In a Coinage interview on Oct. 15, Pandl identified Ethereum, Solana and BNB Chain as overlooked opportunities with rapidly rising institutional adoption of stablecoins, tokenized deposits and real-world assets. He expects trillions of dollars in TradFi assets to move on-chain, positioning established smart contract platforms as critical infrastructure. While privacy technologies and perpetual futures gain traction, Pandl believes investors are underestimating the long-term potential of established blockchain ecosystems.

Conclusion

U.S. crypto ETFs recorded $610.7 million in net outflows during the Oct. 12-16 week, down 52.5% from the previous week's $1.29 billion. Ethereum funds led losses at $320.1 million, followed by Bitcoin at $228.4 million, while Solana, Zcash and Hyperliquid products lost a combined $62.2 million. XRP ETFs recorded 13 consecutive weeks of net inflows, with cumulative net inflows reaching a record $1.80 billion. The next test is whether the wider market stabilizes after the Oct. 14 CPI reaction.

Frequently Asked Questions

How much did crypto ETFs lose in the week of Oct. 12-16?

U.S. crypto ETFs recorded $610.7 million in net outflows during the Oct. 12-16 week, down 52.5% from the $1.29 billion lost the previous week, according to Farside Investors data tracked across five tables.

Which crypto ETF category lost the most money during Oct. 12-16?

Ethereum ETFs lost $320.1 million over the five sessions, with BlackRock's ETHA accounting for $299 million, or 93.4% of the category's net weekly outflow. Bitcoin funds recorded $228.4 million in withdrawals.

What was the largest daily outflow for crypto ETFs during the week?

Wednesday brought $393.4 million in withdrawals, the largest daily loss of the reporting period. Tuesday was the only session with combined net inflows, when funds attracted $194.3 million.

How much have XRP ETFs attracted since launch?

XRP ETFs have recorded 13 consecutive weeks of net inflows, with cumulative net inflows reaching a record $1.80 billion. The last losing week ended July 10 at about $7.2 million in outflows.

What did Charles Schwab's Adam Lynch say about the crypto ETF outflows?

Lynch attributed the roughly $500 million and $600 million in weekly net outflows from spot Bitcoin and Ethereum ETFs to tactical institutional trading rather than weakening long-term demand. He said investors are using crypto ETFs to move substantial capital over shorter periods, benefiting from their liquidity and cost efficiency.