Crypto ETFs Bleed Across the Board in October — SkimNews
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- U.S. spot Bitcoin ETFs are down a net $386.3 million for October after Wednesday's $484.9 million exit — their worst single-day outflow since June — despite a $21.1 million inflow on Friday.
- Ethereum ETFs extended their outflow streak to nine straight trading days, shedding $635 million in October and roughly $700 million over the full streak, with a $201.9 million single-day exit on Oct. 6.
- Solana ETFs lost $24.8 million net for the month after five straight outflow days, recording just one $1.3 million inflow on Oct. 2.
- Bitcoin ETF flows opened October strong with $292.6 million across Oct. 1–2 and a $118.8 million inflow on Oct. 6, but heavy selling erased those early-month gains.
- September's nine-session Bitcoin ETF inflow streak — worth roughly $3 billion and sparked by the Senate's failed cloture vote on the Clarity Act — has now fully unwound.
- Cumulative scale remains large: Bitcoin ETFs hold $100.6 billion in total net assets with $57.6 billion in cumulative inflows since launch; Solana ETFs hold $137.9 million in cumulative inflows.
- Ethereum ETFs hold $14.5 billion in total net assets with $13.2 billion in cumulative inflows since launch.
Why it matters: October's outflows have fully unwound September's ~$3B nine-session Bitcoin ETF inflow streak, a sharp reversal that puts the 'Uptober' thesis — a seasonally bullish October pattern — to rest across all three major crypto ETF categories. With $1B+ combined bleeding across Bitcoin, Ethereum, and Solana funds in seven trading days, institutional appetite has visibly cooled.
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