US Crypto ETFs Shed $112 Million on October 23 as Bitcoin…
By Karthik Subramanian
AI summary of the source article
US-listed spot crypto ETFs saw roughly $112 million in net outflows on October 23, driven by $137.9 million in Bitcoin fund redemptions. Ethereum funds gained $4.4 million and Grayscale's Zcash ETF added $20.5 million.
Why it matters
The figures indicate that institutional demand remained uneven following a volatile week in which Bitcoin ETFs experienced both substantial inflows and sharp withdrawals.
Key facts
- US spot crypto ETFs recorded around $112 million in net outflows on Friday, October 23, extending redemptions to a second session.
- BlackRock's IBIT and Fidelity's FBTC led Bitcoin fund losses with redemptions of $110.3 million and $31.8 million, respectively.
- Ethereum ETFs reversed prior losses with $4.4 million in net inflows, while Grayscale's Zcash ETF attracted $20.5 million.
Source excerpt · FinanceFeeds
US-listed spot cryptocurrency exchange-traded funds recorded approximately $112 million in net outflows on Friday, October 23, 2026, extending the broader market's withdrawal streak to a second consecutive trading session. Bitcoin funds accounted for the selling pressure, recording approximately $137.9 million in net redemptions, compared with $635.6 million withdrawn on Thursday. Ethereum ETFs re…