U.S. spot cryptocurrency exchange-traded funds recorded $38.8 million in combined net outflows on Friday, October 9, 2026, as renewed demand for Bitcoin products failed to offset continued withdrawals from Ethereum and Solana funds.Bitcoin ETFs attracted $21.1 million, reversing the previous session’s $244.1 million outflow, according to Farside Investors.Ethereum ETFs lost $56.1 million, while Solana funds recorded another $3.8 million in redemptions. The figures represented a significant improvement from October 8, when the three categories collectively lost $320.1 million.However, the final trading session of the week still showed uneven institutional demand, with investors adding Bitcoin exposure while withdrawing capital from other major cryptocurrency products. Across the October 5–9 trading week, Bitcoin ETFs lost approximately $678.9 million, Ethereum funds shed $542.2 million, and Solana products recorded $25 million in withdrawals.Combined weekly redemptions reached approximately $1.25 billion, underscoring the scale of selling pressure despite Friday’s moderation.
BlackRock Leads Bitcoin ETF Recovery
BlackRock’s iShares Bitcoin Trust, IBIT, recorded $22.4 million in inflows on October 9, accounting for the largest positive movement among Bitcoin funds.VanEck’s HODL attracted another $2.3 million. Fidelity’s Wise Origin Bitcoin Fund, FBTC, was the only Bitcoin product reporting net redemptions, losing $3.6 million.The remaining funds, including Bitwise’s BITB, ARK Invest and 21Shares’ ARKB, and Grayscale’s GBTC, reported no net movement. The resulting $21.1 million category inflow ended a two-session withdrawal streak.Bitcoin ETFs had lost $484.9 million on October 7 and another $244.1 million on October 8, producing combined redemptions of $729 million. The October 9 recovery therefore offset only a small portion of those withdrawals.The latest figures also highlighted changing fund-level demand. Fidelity had driven the previous session’s selling with $197.1 million in redemptions, while BlackRock’s IBIT recorded a comparatively modest $5.5 million withdrawal.Friday’s inflow suggests some stabilization in Bitcoin investment products, although the weekly balance remained substantially negative.
Ethereum Outflows Continue as Solana Records Fifth Consecutive Loss
Ethereum ETFs remained under pressure, recording $56.1 million in net outflows on October 9. The entire reported withdrawal came from BlackRock’s iShares Ethereum Trust, ETHA. Other Ethereum products, including Fidelity’s FETH, Grayscale’s ETHE and ETH Mini Trust, and Bitwise’s ETHW, recorded no net movement.The result followed Ethereum ETF withdrawals of $72.5 million on October 8 and $160.9 million on October 7. Ethereum funds consequently completed another difficult week, with cumulative October 5–9 redemptions of $542.2 million.Solana ETFs also extended their losing streak. Bitwise’s BSOL recorded $3.8 million in withdrawals, while the other tracked products reported no net flows.The category had previously lost $3.5 million on October 8, $4.8 million on October 7, $3.7 million on October 6 and $9.2 million on October 5. Those five consecutive sessions produced approximately $25 million in net outflows.The divergence between Bitcoin and other cryptocurrency ETFs reflects differences in investor positioning rather than a uniform withdrawal from all digital assets. Bitcoin products retain the deepest institutional ETF market, while Ethereum and Solana funds remain more sensitive to changes in demand across individual issuers.ETF flows measure net creations and redemptions rather than secondary-market trading volume, making them an indicator of changes in investment exposure rather than direct evidence of future price movements.October 9 marked a partial recovery for Bitcoin ETFs, but the broader cryptocurrency fund market ended the week with substantial net redemptions.