TL;DR
- U.S. spot Bitcoin ETFs recorded $5.1 million in net inflows on October 15, led by IBIT’s $16.8 million contribution while BTCO and Grayscale’s Bitcoin Mini Trust posted withdrawals.
- Ether ETFs lost $60.3 million, with ETHA and ETHE driving most redemptions while Fidelity’s FETH provided a small positive offset.
- The session extended October’s volatile institutional positioning, leaving Bitcoin marginally positive for the day while Ether continued facing more persistent withdrawal pressure.
U.S. spot Bitcoin ETFs returned to positive territory on October 15, while Ether funds extended their weakness. Farside data showed Bitcoin products taking in $5.1 million, with BlackRock’s IBIT adding $16.8 million, partly offset by $4.1 million leaving Invesco’s BTCO and $7.6 million exiting Grayscale’s Bitcoin Mini Trust. Separate Ether ETF data showed $60.3 million in net outflows. For investors following Bitcoin, the session showed a marginal return of BTC demand while Ether remained under heavier redemption pressure.
Bitcoin ETF Flows Turn Slightly Positive as Ether Redemptions Continue
The Bitcoin result followed three volatile sessions: $65.4 million in outflows on October 12, $175.7 million in inflows on October 13 and $261.4 million in outflows on October 14. Thursday’s $5.1 million gain left the four-session balance around $146 million negative. That pattern extends recent volatility in Bitcoin ETF flows. The latest inflow was positive, but too small to erase withdrawals accumulated during preceding sessions.
Ether funds faced a negative session. BlackRock’s ETHA lost $44.4 million and Grayscale’s ETHE saw $18.3 million in redemptions, while Fidelity’s FETH attracted $2.4 million. The $60.3 million net loss followed a $129.5 million withdrawal on October 14 and came after only one positive day across four sessions. The divergence fits a broader gap between Bitcoin and Ethereum ETF demand. Ether products continued to experience more persistent withdrawals than their Bitcoin counterparts.
Across October, both ETF groups have experienced sharp reversals rather than a stable trend. Bitcoin moved from inflows to heavy redemptions, including $484.9 million on October 7, before alternating between positive and negative sessions. Ether likewise recorded repeated outflows, including $201.9 million on October 6 and $160.9 million the following day. The October ETF outflow trend remained uneven across both assets. The October data point to fragile institutional positioning rather than a sustained recovery in regulated crypto demand.
Farside’s October 15 figures show how concentrated daily flows can be within individual funds. IBIT was the only major Bitcoin product with a sizable positive contribution, while most peers were flat or negative. On the Ether side, ETHA produced most redemptions, with ETHE adding pressure and FETH providing a small offset. The $5.1 million Bitcoin inflow and $60.3 million Ether outflow capture a clear daily divergence, but both categories remain vulnerable to rapid shifts in institutional allocation.