Bitcoin ETFs Post $301.2 Million Weekly Inflow

US spot Bitcoin ETFs saw provisional weekly inflows of $301.2 million for the week ending October 23, per preliminary Farside Investors data. The net gain persisted despite $773.5 million in withdrawals during the final two trading sessions.

Late-Week Bitcoin Withdrawals

Data checked October 24 reveals a sharp shift in investor behavior. Bitcoin funds drew $1.0747 billion in net inflows from Monday to Wednesday, but momentum stalled with outflows of $635.6 million on Thursday and $137.9 million on Friday. These combined withdrawals of $773.5 million trimmed the weekly total to $301.2 million.

Friday’s exits hit the largest providers hardest. BlackRock’s IBIT saw a net outflow of $110.3 million, and Fidelity’s FBTC lost $31.8 million. Conversely, Morgan Stanley’s MSBT recorded a modest $4.2 million inflow on the final day.

Ether Funds Remain Negative

Ether ETFs ended the week with a provisional net outflow of $220.7 million. A $110.6 million withdrawal on Thursday was only slightly offset by a $4.4 million inflow on Friday, leaving the weekly balance negative.

Because Farside Investors’ tables showed missing Friday entries for VanEck’s Bitcoin and Ether funds, these totals remain incomplete snapshots. Final figures may change as data updates.

Interpreting Fund Flow Data

Preliminary data indicates Bitcoin demand was more resilient than Ethereum’s this week. However, fund flows have limits. The SEC distinguishes between trading existing shares and the creation or redemption of shares; investors can trade among themselves without altering the fund’s underlying assets.

This distinction is critical when analyzing custodian blockchain transfers, which do not fully account for subscriptions and redemptions. Market demand must be assessed by reading fund flows, share counts, and custody movements in context. The coming week will show if new subscriptions can recover the late-week losses.