U.S. Bitcoin Funds Record Net Outflows of $643.2 Million on October 30
Key Facts
U.S. spot Bitcoin funds recorded net outflows of $643.2 million on October 30, 2026, according to the Farside Investors table, ending four consecutive days of inflows. Inflows were $110.3 million on October 26, then $176.0 million on October 27 and $137.3 million on October 28, before falling to $17.2 million on October 29. Friday’s outflow came amid a broader market decline; Bitcoin fell below $77,000 after topping $86,000 earlier in the month, according to the Associated Press. The price closed at $77,368.77, compared with $77,991.89 in the previous session, according to EL7 data. The move coincided with declines in cryptocurrency company shares and U.S. stock indexes, while the Federal Reserve left interest rates unchanged two days earlier.
The negative flows were spread across five funds, led by IBIT, which recorded net outflows of $233.7 million, followed by FBTC with outflows of $201.0 million. ARKB recorded outflows of $129.5 million, while outflows from GBTC were about $53.3 million and those from BITB about $25.7 million. The other funds recorded no net flows that day, according to the table. The figures show that outflows from IBIT and FBTC accounted for the bulk of total withdrawals, with the other three funds contributing the remainder of the net outflow. Cumulative total flows shown in the table stood at $57,048 million.
The weak fund session came on a day of pressure on the cryptocurrency market and shares of companies linked to it. The Associated Press said an attack on the Binance platform affected crypto assets worth more than $6 billion, while Coinbase shares fell 10.6% and Strategy shares dropped 7.8%. The S&P 500 fell 1.8%, its worst daily performance since June, while the Nasdaq Composite declined 2.9%. The news agency pointed to a broader sell-off in technology stocks and investor concerns that the returns and productivity gains from massive investments in artificial intelligence may not justify their cost. It quoted a portfolio manager as saying the AI trade was moving from the “hopes and dreams phase” to the “show me phase,” while concerns also included the possibility that higher interest rates could slow the construction of AI data centers.
Earlier in the month, the funds recorded mixed waves of flows. On October 7, withdrawals reached about $485 million, the largest in more than 3 months, according to Investing.com, wiping out cumulative net inflows during the first 4 trading sessions of October. That day’s outflow was smaller than the withdrawals on June 25, when the group lost $691.7 million, according to the site’s comparison. After that, the funds recorded total inflows of $1.0747 billion on October 19, 20 and 21, including $524.8 million on October 21, lifting net monthly inflows through that date to $463.3 million. This trajectory puts the latest wave of inflows before the month-end reversal within a month marked by sharp swings in net flows.
The Fed’s October 28 decision provided a nearby monetary policy backdrop to market moves, as the central bank kept its target interest rate range between 3.75% and 4%. The statement was approved by a 10-to-2 vote and described economic activity as expanding at a solid pace and inflation as still elevated. Lisa Cook and Beth Hammack dissented from keeping the range unchanged, preferring to raise it by a quarter of a percentage point. The vote showed differences among committee members over the decision at that meeting, while the quoted statement included no remarks from the chair about tighter financial conditions or selective market participants. U.S. stocks also ended their third consecutive week of losses, and the market remained 3.1% below its record high, according to the Associated Press.
The Federal Reserve set November 18 for the release of minutes from the committee meeting held on October 27 and 28, and scheduled the next Federal Open Market Committee meeting for December 8 and 9. The minutes will provide details of discussions at the meeting that kept interest rates in their current range, while the December meeting will be the committee’s next scheduled gathering. The October statement said inflation remains elevated, and the vote showed that two members preferred to raise the target range. These dates follow days of consecutive inflows into Bitcoin funds, followed by a large net outflow on October 30, alongside a broader market decline.