Crypto ETF Outflows Ease to $610.7M, but Selling Persists

Published: 2026-10-17 07:43:49 |

U.S. crypto ETF outflows persisted, although the pace eased in the latest weekly report. An earlier snapshot showed Bitcoin ETFs losing $262 million on Wednesday, with weekly outflows through that day at $151 million, following $681 million in withdrawals the previous week. Bitcoin fell below $82,000 after a U.S. inflation report and was trading near $80,741 at the time. Ether ETFs lost $130 million on Wednesday, while Solana funds extended an outflow streak to eight sessions. XRP funds were the only category in that snapshot with positive weekly flows; Zcash funds gained on Wednesday but remained negative for the week. The later report put total U.S. crypto ETF outflows at $610.7 million for Oct. 12–16, 52.5% less than the previous week’s $1.29 billion. All five categories it tracked ended the week with net outflows: Ethereum funds lost $320.1 million, Bitcoin funds $228.4 million, Solana products $25.5 million, Zcash products $19.2 million and Hyperliquid products $17.5 million. Tuesday was the only day with combined inflows, while Wednesday recorded the largest daily outflow. Bitcoin and Ethereum accounted for about 89.8% of the weekly total. The reports indicate continued crypto ETF selling, but the later figures show that withdrawals slowed week over week. Fund-flow data alone does not establish the reason for the outflows.

Bearish

Persistent net outflows from Bitcoin and Ethereum ETFs point to weaker near-term investment demand for BTC and ETH, while the earlier report also described Bitcoin falling below $82,000. Such flows can weigh on sentiment and prompt short-term traders to reduce risk, particularly when withdrawals coincide with falling prices. The later weekly total was substantially lower than the previous week’s, which may indicate that selling pressure is moderating rather than accelerating. ETF flows are not a direct measure of spot-market selling and do not establish causation, so they are not conclusive on their own. Over the longer term, price direction will also depend on broader demand, liquidity and macroeconomic conditions; the data therefore suggest near-term downside pressure, not a guaranteed sustained decline.