---
title: "US Spot Bitcoin ETFs Log Nearly $1 Billion in Outflows Over Two Consecutive Weeks"
description: "Funds shed $228.6 million this week following a $681.1 million weekly drawdown, extending net losses across October."
url: https://basisdesk.news/news/us-bitcoin-etfs-shed-nearly-1-billion-two-weeks
published: 2026-10-18T23:36:32.277Z
modified: 2026-10-18T23:36:32.277Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [BTC]
tags: [bitcoin-etf, institutional-flows, outflows, crypto-etfs]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

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

Funds shed $228.6 million this week following a $681.1 million weekly drawdown, extending net losses across October.

## At a glance

- **What happened:** US spot Bitcoin ETFs shed $228.6 million this week after losing $681.1 million the prior week.
- **Why it matters:** The nearly $1 billion in combined two-week net outflows pushed total October flows deeply into negative territory.
- **Who is affected:** US spot Bitcoin ETF issuers and institutional market participants.
- **What's next:** Subsequent daily and weekly flow reporting updates from US ETF custodians and sponsors.
- **Primary source:** [Decrypt (@DecryptMedia) on Flipboard](https://flipboard.com/@DecryptMedia) — flipboard.com

## Key points

- US spot Bitcoin ETFs recorded net weekly outflows of $228.6 million [1].
- The withdrawals follow a $681.1 million net outflow logged the previous week [1].
- Combined two-week net outflows approached $1 billion, pushing October into net negative flows [1].

## Editorial remark

- **Context:** US spot Bitcoin investment vehicles faced consecutive weekly drawdowns totaling nearly $1 billion after losing $681.1 million and $228.6 million across back-to-back weekly tracking frames [1].
- **Impact:** US-based spot Bitcoin ETF managers and institutional fund participants experienced nearly $1 billion in cumulative capital exits over a two-week period [1].
- **Watch:** Weekly flow disclosures from US spot Bitcoin ETF issuers to track whether net redemptions continue through the remainder of October.

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].

## Sources

1. [Decrypt (@DecryptMedia) on Flipboard](https://flipboard.com/@DecryptMedia) — flipboard.com, 2026-10-18

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai