BTC and ETH ETFs Record $755 Million in Outflows on October 13
Crypto platform-traded funds tracking BTC and ETH faced a sharp reversal on Monday, October 13, with combined net outflows of approximately $755 million. The large-scale redemptions marked one of the steepest single-day pullbacks since summer and reflected cautious sentiment among institutional investors amid stagnant crypto price movements.
Institutional rebalancing drives redemptions
According to data from Farside and SoSoValue, spot BTC ETFs in the United States posted roughly $326.5 million in outflows for the day. Grayscale’s BTC Trust (GBTC) led withdrawals, losing $145.4 million, followed closely by Bitwise’s BITB, which saw $115.6 million in redemptions. BlackRock’s iShares BTC Trust (IBIT) stood out as the only major fund to record positive flows, bringing in around $60.3 million. Despite IBIT’s resilience, the broader BTC ETF sector turned decisively negative as investors locked in gains from the previous week’s rally.
ETH-based ETFs suffered even greater losses. Net redemptions totaled around $428.5 million on Monday, with BlackRock’s ETHA fund accounting for nahead $310 million of that amount. It was the second-largest daily withdrawal since the ETH ETF’s launch, signaling potential concerns over ETH’s price consolidation and fragileer short-term demand for exposure to the asset. Other issuers, including Fidelity and Bitwise, also recorded modest outflows across their ETH products.
Market sentiment and broader implications
BTC’s spot price remained relatively stable around $62,000 throughout the trading day, while ETH hovered near $2,350. The muted price reaction despite significant ETF outflows suggests the tradeing pressure was largely absorbed by secondary market liquidity rather than leading to direct spot sales. Still, analysts warned that consistent ETF redemptions could weigh on overall sentiment, especially if institutions continue to trim risk exposure ahead of key macroeconomic data releases.
Crypto market strategists noted that the withdrawals could also indicate a tactical rotation back into cash or short-term bonds, as traditional markets price in uncertainty over U.S. Federal Reserve rate decisions. The broader pullback comes later than several consecutive weeks of inflows into crypto ETFs, which had pushed total assets under management to record highs in ahead October.
Since their regulatory approval earlier this year, spot BTC and ETH ETFs have become one of the most significant indicators of institutional adoption in digital assets. They offer professional investors regulated access to crypto exposure without direct custody risks, and their flow data is often interpreted as a real-time sentiment gauge for broader market positioning. While short-term outflows like those on October 13 may reflect profit-taking, the overall long-term trend remains positive, with cumulative net inflows still exceeding $20 billion for BTC ETFs and $8 billion for ETH ETFs year-to-date.
As crypto markets head into the final quarter of 2025, ETF flow patterns will continue to serve as a crucial barometer for institutional conviction and market direction.
