BlackRock's Bitcoin ETF Lost $165 Million in a Week. Is Wall Street Pulling Back?
IBIT accounted for 72% of weekly Bitcoin ETF withdrawals as a single selling day drove most of the losses, according to SoSoValue.
- BlackRock's iShares Bitcoin Trust recorded $165.4 million in outflows for the week ending October 16, accounting for 72% of the $228.4 million withdrawn from all Bitcoin ETFs.
- Bitcoin ETFs held $104.3 billion in net assets on October 16, suggesting the sell-off likely reflects investors taking profits after the cryptocurrency surged 25.4% since August 18.
- A single selling session on October 14 generated $261 million in outflows, exceeding the entire week's net withdrawal. Fidelity Wise Origin Bitcoin Fund lost $60.2 million, while Morgan Stanley Bitcoin Trust attracted $6.7 million in new investments.
- Ether ETFs experienced $320 million in withdrawals while Solana funds recorded $26 million in outflows. Bitcoin ETFs extended their weekly withdrawal streak to two consecutive weeks.
- Despite recent outflows, Bitcoin ETFs remain in positive territory for 2026, attracting roughly $259 million year-to-date. A weekly net outflow exceeding $999 million would signal a more significant market retreat.
13 Articles
13 Articles
BlackRock's Bitcoin ETF Lost $165 Million in a Week. Is Wall Street Pulling Back?
BlackRock‘s (NYSE: BLK) iShares Bitcoin Trust (NASDAQ: IBIT) saw a significant outflow of $165.4 million for the week ending October 16, 2026, accounting for most of the $228.4 million in Bitcoin ETF outflows that week. These ETFs hold Bitcoin and trade like stocks, so a net outflow means investors withdrew more money than they invested. […]
Crypto Breaking News
BITRSSBitcoin and Ether Spot ETFs See $549M Outflows as Oct ETH Outflows Approach $1B
Spot Bitcoin and Ether exchange-traded funds (ETFs) ended another week with net outflows, according to SoSoValue data. Investors withdrew a combined $549 million from the two largest crypto fund categories as demand continued to cool after earlier inflow streaks. Bitcoin ETFs accounted for roughly $229 million in weekly net outflows, while Ether funds saw even [...]
US spot Bitcoin (BTC) ETFs (Exchange Traded Funds) recorded a net outflow of $228.6 million (approximately 36.6 billion yen, calculated at 1 dollar = 160 yen) during the week of October 12-16... The post Bitcoin spot ETFs experience net outflow of approximately 150 billion yen in two weeks—Net outflows continue in October first appeared on NADA NEWS.
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