Crypto ETFs Lose $164.8 Million on October 16 as BlackRock…
By Karthik Subramanian
AI summary of the source article
US-listed cryptocurrency ETFs recorded combined net outflows of $164.8 million across Bitcoin, Ethereum, and Solana products on October 16. Total net redemptions across the three asset categories reached approximately $585.5 million for the five-day trading week.
Why it matters
The latest figures indicate reduced net exposure through regulated investment products, but do not establish a sustained decline in institutional cryptocurrency allocations.
Key facts
- Bitcoin ETFs lost $82.4 million, Ethereum funds shed $69.7 million, and Solana products saw $12.7 million in outflows on October 16.
- BlackRock drove the largest withdrawals, accounting for $71.8 million in Bitcoin redemptions and all $69.7 million in Ethereum outflows.
- Combined weekly net outflows across Bitcoin, Ethereum, and Solana ETFs reached approximately $585.5 million between October 12 and October 16.
Source excerpt · FinanceFeeds
US-listed cryptocurrency exchange-traded funds ended Friday, October 16, 2026, with combined net outflows of $164.8 million across Bitcoin, Ethereum and Solana products, extending a difficult week for digital asset investment vehicles. According to Farside Investors, Bitcoin ETFs recorded $82.4 million in withdrawals, Ethereum funds lost $69.7 million and Solana products experienced $12.7 million…