U.S. crypto exchange-traded funds tracked by Farside Investors posted $610.7 million in net outflows for the Oct. 12 to Oct. 16 period, with all five monitored categories ending the week in negative territory. Ethereum products led the withdrawals with $320.1 million, overtaking Bitcoin funds, which lost $228.4 million.

The total was substantially lower than the previous week’s $1.2863 billion in net outflows, a decline of 52.5%. Even so, the latest figures showed continued pressure across crypto fund products, with Bitcoin and Ethereum together accounting for $548.5 million, or about 89.8%, of the weekly total.

A smaller weekly outflow, but losses remained broad

The weekly figures, calculated from Farside’s daily fund flow tables, show that every tracked category finished negative during the five-session stretch. Compared with Oct. 5 to Oct. 9, losses eased in Bitcoin, Ethereum and Zcash products, but no segment returned to a net positive result for the week.

Tuesday was the only trading session that produced combined net inflows across the five categories, with $194.3 million entering funds after Monday’s $155.5 million in withdrawals. That single positive day was outweighed by heavier selling later in the week, including $393.4 million in outflows on Wednesday, the worst daily reading of the period. Another $90.1 million left on Thursday, followed by $166 million on Friday.

Ethereum funds posted the largest withdrawals

Ethereum ETFs recorded four negative sessions and one positive day, ending the week with $320.1 million in net outflows. Monday brought $85.4 million in withdrawals, Tuesday saw $24.8 million in inflows, and Wednesday delivered the category’s largest daily loss at $129.5 million. Outflows then continued with $60.3 million on Thursday and $69.7 million on Friday.

BlackRock’s ETHA represented most of the category’s decline, losing $299 million over the week, or 93.4% of total Ethereum ETF outflows. Elsewhere, Fidelity’s FETH added $10.5 million, while Grayscale’s Ethereum Mini Trust lost $12.4 million. Grayscale’s ETHE recorded $18.3 million in withdrawals, and Franklin Templeton’s EZET shed $900,000. Farside’s table showed no net flows for the remaining Ethereum products during the period.

Bitcoin saw two positive products, but the category still fell

Bitcoin ETFs lost $228.4 million for the week despite stronger buying on Tuesday. That session brought in $175.7 million, but the gain was more than offset by a $261.4 million withdrawal on Wednesday and a further $82.4 million in outflows on Friday.

Among individual products, BlackRock’s IBIT lost $165.4 million and Fidelity’s FBTC shed $60.2 million based on Farside’s daily entries. Morgan Stanley’s MSBT posted $6.7 million in inflows, and Bitwise’s BITB added $2.2 million. Invesco’s BTCO lost $4.1 million, while Grayscale’s Bitcoin Mini Trust saw $7.6 million in withdrawals.

Earlier in October, Bitcoin funds had already faced heavy redemptions, including $484.9 million in withdrawals on Oct. 7. Coverage published on Oct. 8 said that session marked the largest daily Bitcoin ETF outflow since June 25, when withdrawals reached $691.7 million.

Solana, Zcash and Hyperliquid also ended the week lower

Outside the two largest categories, Solana, Zcash and Hyperliquid products lost a combined $62.2 million during the reporting window. Solana funds recorded $25.5 million in outflows and extended a second straight week of losses in every trading session. Bitwise’s BSOL accounted for $18.8 million of the weekly decline, while Grayscale’s GSOL lost $6 million on Thursday and VSOL shed $700,000 on Monday. Friday’s $12.7 million withdrawal, all from BSOL, was the category’s biggest single-day exit.

Zcash’s tracked ZCSH product lost $19.2 million. Although Wednesday brought $3.7 million in inflows, that was overtaken by a $14.8 million withdrawal on Thursday. Hyperliquid products posted $17.5 million in weekly outflows, consisting of $6.4 million from BHYP, $8.5 million from THYP and $2.6 million from HYPG. Thursday alone represented $10.3 million of the Hyperliquid total, while Farside recorded zero net flows for the group on Tuesday and Friday.

Different datasets showed separate pictures of the market

A separate CoinShares report published on Oct. 16 said global digital asset investment products saw $434 million in withdrawals during its own reporting week. That figure is not directly comparable with the Farside-based total because CoinShares covers a global product set and uses a different reporting cutoff.

CoinShares said changing interest rate expectations following U.S. inflation and retail sales data contributed to the withdrawals in its dataset. Farside’s fund flow tables, which underpin the U.S. ETF totals here, report daily net movements but do not assign reasons for individual inflows or outflows. The next confirmed step is the release of the next set of daily and weekly fund flow data, which will show whether the slowdown in aggregate withdrawals continues.

Source: crypto.news