US Spot Bitcoin ETFs Log Nearly $1 Billion in Outflows Over Two Consecutive Weeks

United States exchange-traded funds tracking $BTC recorded net outflows of $228.6 million this week, according to data reported by Decrypt ¹. The redemptions follow a larger withdrawal of $681.1 million during the preceding week, bringing total fund losses across the two-week stretch to nearly $1 billion ¹. The persistent withdrawals have deepened fund net losses for the month of October, countering seasonal expectations often referred to in the market as "Uptober" ¹.

At the time of writing, $BTC traded at $81,756, gaining 0.7% over 24 hours amid an aggregate digital asset market capitalization of $2.70T.

Consecutive Weekly Net Redemptions

The combined drain of $909.7 million across the two consecutive tracking periods highlights back-to-back weekly net outflows from US-listed spot Bitcoin funds ¹. The $228.6 million in capital exits logged over the most recent seven-day stretch followed a $681.1 million net drawdown observed during the prior weekly reporting period ¹. The multi-week sequence of withdrawals leaves aggregate monthly flow totals firmly in negative territory ¹.

Market participants monitor spot ETF flow metrics to measure capital allocations entering and exiting registered US investment wrappers holding Bitcoin ¹. The sustained weekly net outflows of $681.1 million and $228.6 million reflect two uninterrupted weeks of capital reduction from these vehicles ¹. No announcements regarding future changes to fund structures, fee schedules, or management directives were included in the disclosed fund performance data ¹.