The largest daily withdrawal since late June erased Bitcoin funds’ early October inflows. Three products accounted for 85.5% of the net exit.
US spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday, October 7. Farside Investors data show it was the largest daily withdrawal since June 25. The single session more than erased the money gathered over October’s first four trading days, leaving the month’s cumulative flows negative.
The funds had attracted $118.8 million in net inflows on October 6. These figures track net money moving into and out of the investment products during a completed US session, separately from Bitcoin’s intraday price changes. October 7 is the latest completed session used here; unfilled fields in the October 8 row are not treated as a final zero-flow result.
Three funds account for most of the withdrawal
BlackRock’s IBIT lost $207.7 million, Fidelity’s FBTC lost $105.1 million and ARK 21Shares’ ARKB lost $101.7 million. Together, the three products accounted for $414.5 million. Calculated from Farside’s figures, that was 85.5% of the day’s net withdrawal.
| Bitcoin fund | October 7 net outflow |
|---|---|
| IBIT | $207.7 million |
| FBTC | $105.1 million |
| ARKB | $101.7 million |
| GBTC | $39.3 million |
| BITB | $27.6 million |
| HODL | $3.5 million |
| Total | $484.9 million |
The six remaining products in the table reported zero net flows; none registered a positive inflow. IBIT moved from a $122 million inflow the previous day to a $207.7 million outflow. That describes activity in the investment product BlackRock manages, not a sale of Bitcoin from BlackRock’s own corporate balance sheet.
One session erases October’s early inflows
Inflows on October 1 and 2 were $102.7 million and $189.9 million respectively. After an $89.8 million withdrawal on October 5 and the following day’s $118.8 million inflow, the first four sessions totalled a positive $321.6 million. Wednesday’s withdrawal pushed that balance to negative $163.3 million.
Farside’s historical table shows the previous larger daily withdrawal was $691.7 million on June 25. October 7 therefore marked the biggest daily net exit since late June, rather than an all-time record.
Fund flows are different from valuation losses. A fund’s total asset value can fall when the Bitcoin it holds becomes cheaper, even without withdrawals. The $484.9 million figure is Farside’s reported net fund flow, not the total value lost across the Bitcoin market that day. Our guide to reading ETF flows separates net flows, assets under management and trading volume with worked examples.
Ether funds extend their outflow streak to seven sessions
Spot Ether ETFs registered $160.9 million in net outflows on the same day. Their seven-session withdrawal streak, beginning September 29 and excluding weekends, reached $568.8 million. Four further withdrawal sessions have followed the $117.8 million outflow in the first three sessions of that streak. Unlike Bitcoin funds, Ether products had not returned to inflows on October 6, when they lost $201.9 million.
BlackRock’s ETHA led the October 7 Ether withdrawals with $116.1 million, followed by Grayscale’s ETHE at $25.8 million. Daily flows for the two assets thus moved in the same direction. The figures alone do not identify which investors sold or establish the direction of the next session.
Further fund-flow reports and BTC market developments are covered in Bitcoin news.
For background on holding Bitcoin directly versus buying an exchange-traded product, iShares by BlackRock’s educational video dated March 25, 2026 explains the product and custody structure. It is background material, not a statement about the October 7 withdrawals.
