CryptoMediumUpdated×2•Originally published 19 October 2026•Updated 19 October 2026•
4 min read

U.S. Bitcoin Funds Post $82.4 Million in Outflows at Week's End

Key Facts

1Net outflows from U.S. Bitcoin funds totaled $82.4 million in Friday's session.
2IBIT recorded withdrawals of $71.8 million, compared with $10.6 million from FBTC.
3Ethereum funds recorded net outflows of $69.7 million, entirely from ETHA.
4Wednesday marked the week's largest session for Bitcoin fund outflows at $261.4 million.

U.S.-listed Bitcoin funds recorded net outflows of $82.4 million on Friday, October 16, 2026, according to Farside Investors. Withdrawals were concentrated in IBIT, which saw net outflows of $71.8 million during the session. FBTC recorded outflows of $10.6 million that day, with the two funds accounting for all net withdrawals from Bitcoin products. Withdrawals extended to U.S. Ethereum funds, which ended the session with net outflows of $69.7 million, according to Farside. Ethereum outflows came entirely from ETHA, bringing products tied to both cryptocurrencies into the withdrawals at week's end.

Friday's withdrawals followed a week of shifting flows, with Wednesday, October 14, marking the largest session for Bitcoin fund outflows at $261.4 million. The funds had attracted net inflows of $175.7 million on Tuesday, according to Farside Investors. They returned to positive flows on Thursday, but these totaled just $5.1 million before withdrawals resumed in the following session. Ethereum funds also recorded outflows of $129.5 million on Wednesday, exceeding their withdrawals at week's end. Globally, CoinShares said digital asset investment products had recorded outflows of $434 million from the start of the week through its update published on October 16, before the full week's tally was complete.

CoinShares linked the decline in digital assets to a hawkish repricing of U.S. monetary policy expectations in its market update. Explaining the shift's effect on yields, the company said: "Higher expected interest rates push up real yields." As part of the economic backdrop to its assessment, it cited a 0.8% month-on-month rise in U.S. retail sales in September. Sales growth exceeded expectations of about 0.3% for the month, according to figures cited in the company's update. This followed an upward revision to August sales growth to 1.3%, leaving September's reading following a stronger increase in the previous month.

On prices, headline U.S. consumer price inflation rose to 3.7% year on year in September, according to the U.S. Bureau of Labor Statistics. The rate had stood at 3.4% in August, with annual inflation accelerating again the following month, according to the bureau's release. The consumer price index excluding food and energy rose 2.6% year on year in September, according to the release issued on October 14. The bureau also reported a seasonally adjusted 1.3% month-on-month increase in the producer price index for final demand in September. The producer price report was released on October 15, after the consumer price release and before Friday's session, which saw withdrawals from Bitcoin and Ethereum funds.

In the cryptocurrency market itself, Bitcoin's daily price in Investing.com's historical records stood at $81,587.4 on October 16. The cryptocurrency fell 0.78% on the day, coinciding with outflows from U.S.-listed funds tied to it. For IBIT, the iShares page showed a decline in net asset value per share of $0.61, or 1.32%, in Friday's session. The fund's year-to-date total return on a net asset value basis was negative 7.09% through the same session, according to iShares. The fund's net assets stood at $65,340,615,912 on October 16, according to BlackRock, while daily withdrawals from Bitcoin products were concentrated in the fund.

Bitcoin and Ethereum exchange-traded products operate within a framework under which the U.S. Securities and Exchange Commission allowed authorized participants to create and redeem shares in kind. The mechanism was permitted after newly approved spot products had been restricted to cash creations and redemptions, according to the commission's statement. On monetary policy, the Federal Reserve's calendar schedules the next Federal Open Market Committee meeting for October 27 and 28, following the release of September price and spending readings. The meeting will be followed by the October producer price report, scheduled for release on Friday, November 13, 2026, according to the Bureau of Labor Statistics calendar. The bureau set the report's release time at 8:30 a.m. U.S. Eastern Time.