BlackRock's IBIT accounted for $71.8 million in outflows, while Fidelity's FBTC recorded about $10.6 million. This marks another instance of volatility in Bitcoin ETF demand, highlighting the fluctuating nature of investor sentiment. The recent withdrawals follow a $261 million outflow on October 14, indicating ongoing uncertainty in the market. Despite these redemptions, the overall inflows into the US spot Bitcoin ETF market since its launch remain significant.
October 17, 2026
Bitcoin ETFs Lose $82M Amid BlackRock Withdrawals
US spot Bitcoin ETFs saw $82.4 million in net outflows on October 16, with BlackRock's IBIT leading the withdrawals.
Impact
The recent outflows suggest continued volatility in Bitcoin ETF demand, with investors showing mixed sentiment amid broader market uncertainty.