---
title: "US Spot Bitcoin and Ether ETFs Shed $549M as October ETH Outflows Reach $955M"
description: "Ether investment vehicles led weekly withdrawals with $320 million in redemptions, bringing the monthly drain near $1 billion."
url: https://basisdesk.news/news/us-spot-bitcoin-ether-etfs-weekly-outflows-october
published: 2026-10-19T08:12:04.436Z
modified: 2026-10-19T08:12:04.436Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [BTC, ETH, SOL, ZEC, XRP, BNB]
tags: [etfs, institutional-investors, fund-flows, sosovalue, ether]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# US Spot Bitcoin and Ether ETFs Shed $549M as October ETH Outflows Reach $955M

Ether investment vehicles led weekly withdrawals with $320 million in redemptions, bringing the monthly drain near $1 billion.

## At a glance

- **What happened:** US spot Bitcoin and Ether ETFs recorded $549 million in net weekly outflows, led by $320 million in withdrawals from Ether products.
- **Why it matters:** October net redemptions from US spot Ether ETFs reached approximately $955 million, marking the highest monthly outflow for the asset this year.
- **Who is affected:** US spot crypto ETF issuers, institutional investors, and fund market makers.
- **What's next:** Upcoming weekly flow updates from fund administrators to determine whether monthly Ether outflows exceed $1 billion.
- **Primary source:** [Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B](https://cointelegraph.com/markets/bitcoin-ether-etfs-549-million-weekly-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) — cointelegraph.com

## Key points

- US spot Bitcoin and Ether ETFs posted combined net weekly outflows of $549 million, according to SoSoValue data.
- Ether funds shed $320 million for the week, bringing October net outflows to roughly $955 million, the highest monthly loss this year.
- Altcoin products also saw weekly exits, including $26 million from Solana, $19 million from Zcash, and $18 million from Hyperliquid.

## Editorial remark

- **Context:** US spot crypto funds faced their second consecutive week of collective redemptions following an even sharper $1.22 billion exit the previous week.
- **Impact:** Institutional liquidity in Ether products experienced its deepest monthly reduction of the year, although both Bitcoin and Ether retain positive year-to-date net flows.
- **Watch:** Weekly flow figures from SoSoValue and whether Ether ETF net redemptions cross the $1 billion mark before the close of October.

United States spot Bitcoin and Ether exchange-traded funds registered $549 million in combined net outflows last week, extending redemption streaks across the two largest digital asset vehicles, according to SoSoValue data [1]. Spot $ETH funds posted the heavier share of the withdrawals, shedding $320 million, while spot $BTC products saw $229 million exit [1].

The figures mark a second consecutive week of capital losses for spot Bitcoin ETFs and a third straight week of net outflows for Ether funds [1]. While negative, the weekly total showed a deceleration compared to the prior week, when the two groups experienced a combined $1.22 billion in net outflows [1]. Spot Ether funds have now recorded approximately $955 million in net outflows so far in October, marking the largest monthly withdrawal total for those products this year [1].

## Altcoin Funds Join Outflow Trend

Redemptions extended into alternative crypto investment vehicles throughout the week [1]. Solana funds recorded approximately $26 million in net withdrawals, followed by Zcash products at $19 million and Hyperliquid at $18 million, according to SoSoValue data [1]. Funds tracking XRP and BNB also registered outflows of $1.8 million and $285,000, respectively [1].

Despite the sustained October retreat, full-year flows remain positive for both flagship crypto funds [1]. Year-to-date, spot Bitcoin ETFs have taken in roughly $259 million in net inflows, while spot Ether ETFs retain approximately $610 million in net positive allocations [1]. Broader crypto markets reflect this pressure; [Bitcoin slipped to around $81,542 earlier this month](https://basisdesk.news/news/crypto-market-close-october-14-2026), and stood near $82,545 at the time of writing.

## Sources

1. [Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B](https://cointelegraph.com/markets/bitcoin-ether-etfs-549-million-weekly-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) — cointelegraph.com, 2026-10-19

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