\t\t\t\t\t\t\t\tKey Takeaways
\nWhich Bitcoin ETFs saw the biggest withdrawals?<\/p>\n
Fidelity\u2019s FBTC led with $330.4 million in outflows, followed by Ark 21Shares\u2019 ARKB. Even BlackRock\u2019s IBIT, a usually strong performer, wasn\u2019t spared, shedding $37.3 million.<\/p>\n
How did Ethereum ETFs perform?<\/p>\n
They faced $795.6M redemptions. Fidelity\u2019s FETH led with $362M outflows, while BlackRock\u2019s ETHA saw $199.9M. Only ETHE and TETH gained.<\/p>\n
After weeks of strong momentum in the ETF market, the tide has turned. <\/p>\n
Spot Bitcoin [BTC]<\/a> and Ethereum [ETH]<\/a> exchange-traded funds (ETFs) in the U.S. saw a sharp reversal last week, recording over $1.7 billion in combined outflows. <\/p>\n The exodus came as both cryptocurrencies faced heightened volatility, with Bitcoin<\/a> and Ethereum<\/a> each sliding more than 8% over the same period.<\/p>\n Bitcoin ETF update<\/p>\n According to data from Farside Investors<\/a>, U.S.-listed Spot Bitcoin ETFs logged net withdrawals of $903 million last week. This ended a month-long streak of inflows that had signaled rising institutional confidence. <\/p>\n On the 26th of September, Fidelity\u2019s FBTC led the exodus with $330.4 million in redemptions, followed by Ark 21Shares\u2019 ARKB and other funds.<\/p>\n BlackRock\u2019s flagship IBIT, typically regarded as one of the strongest performers, also saw outflows worth $37.3 million, while Bitwise\u2019s BITB shed $23.8 million.<\/p>\n Several other funds reported smaller redemptions, while a few remained flat with no notable flows.<\/p>\n Ethereum ETFs fared no better<\/p>\n On the other hand, for the week ending<\/a> the 26th of September, nine U.S.-listed spot Ethereum ETFs collectively saw<\/a> $795.6 million in withdrawals, marking their heaviest week of outflows since their launch. <\/p>\n Fidelity\u2019s FETH once again stood out for recording the largest withdrawals at $362 million, trailed by BlackRock\u2019s ETHA, which saw $199.9 million in redemptions. <\/p>\n Grayscale\u2019s ETHE and 21Shares\u2019 TETH were rare exceptions, posting modest inflows while most other funds stagnated.<\/p>\n Will altcoins act as a savior?<\/p>\n With this shift in investor sentiment, attention is now shifting toward altcoin ETFs, with several final deadlines for approval arriving in October. <\/p>\n Popular analyst Daan Crypto Trades even described<\/a> October as \u201cETF month,\u201d hinting at a potentially decisive moment for the broader digital asset ETF market.<\/p>\n He said,\u00a0<\/p>\n \u201cWe\u2019re expected to see approvals on ETFs from a variety of major altcoins like $SOL, $XRP, $LTC & $DOGE.\u201d<\/p>\n Daan Crypto Trades noted that none of the ETF applications with October deadlines come from industry heavyweights like Fidelity or BlackRock, two of the most influential players in the crypto ETF arena. <\/p>\n Still, the pending approvals could inject fresh momentum into the market in the weeks ahead.\u00a0 Interestingly, this wave of outflows came even as institutional appetite for Bitcoin ETFs remained evident.<\/p>\n From inflows to outflows in just a week<\/p>\n Just last week, Spot Bitcoin ETFs recorded $642.4 million in inflows, according to Farside Investors. <\/p>\n The broader landscape has also seen Wall Street deepening<\/a> its crypto ties, with JPMorgan in June 2025 starting to accept Bitcoin ETF shares as collateral for loans.\u00a0<\/p>\n Together, these developments highlight the mixed signals in today\u2019s ETF market: short-term volatility shadowed by long-term institutional integration.\u00a0<\/p>\n \t\t\t\t\t\t\t\t\t\t\tPrevious: Bitcoin price action steadies above $110K \u2013 Will October set up the next ATH?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n