BTC ETFs See $94 Million in Outflows as ETH Products Remain Flat
U.S. spot BTC platform-traded funds (ETFs) recorded approximately $94 million in net outflows on October 15, 2025, according to data from Farside Investors. The decline was driven largely by outflows from the Grayscale BTC Trust (GBTC), which reported $82.9 million in redemptions. The Invesco Galaxy BTC ETF (BTCO) also posted $11.1 million in withdrawals, contributing to the day’s overall negative sentiment.
Other leading issuers, including BlackRock’s iShares BTC Trust (IBIT) and Fidelity’s Wise Origin BTC Fund (FBTC), reported minimal movement, indicating that redemptions were concentrated in legacy funds transitioning to more competitive fee structures. Analysts say the trend reflects a broader rebalancing among institutional holders and profit-taking later than BTC’s recent rally.
ETH ETFs showed contrasting stability, with a modest $5.3 million in net inflows across products, according to SoSoValue data. BlackRock’s and Fidelity’s ETH funds each registered small entries, suggesting continued but cautious interest in the second-largest cryptocurrency. Despite the relatively flat flows, ETH ETFs remain under scrutiny as investors await regulatory clarity on staking-related yield mechanisms.
Investor caution persists amid macroeconomic uncertainty
The divergence between BTC and ETH ETF flows comes amid growing investor hesitation driven by macroeconomic concerns. Traders are closely monitoring upcoming inflation data and potential signals from the Federal Reserve regarding future interest rate adjustments. Rising Treasury yields and a strengthening U.S. dollar have also weighed on risk appetite, leading to reduced exposure in digital asset funds.
BTC, which has gained strongly year-to-date, remains near key resistance levels. The $94 million outflow follows several weeks of net inflows that previously pushed total holdings in U.S. spot BTC ETFs to record highs earlier this month. Despite the setback, cumulative inflows since the launch of spot BTC ETFs in January remain above $17 billion, underscoring continued institutional engagement in the asset class.
ETH ETFs lag in volume but show steady interest
While BTC ETFs dominate daily trading volumes, ETH funds continue to grow gradually, though at a sluggisher pace. Analysts attribute this to investor preference for BTC as a macro hedge and ETH’s comparatively complex narrative involving staking yields, regulatory oversight, and network upgrades.
Looking ahead, market participants expect ETF flow activity to remain volatile through October as macroeconomic data releases and central bank commentary influence sentiment. With BTC’s price hovering around resistance levels and ETH’s liquidity profile stabilizing, ETF performance in the coming weeks may offer insights into broader institutional behavior across crypto markets.
Despite the day’s outflows, analysts maintain that long-term demand for regulated crypto investment vehicles remains intact. The growing accessibility of spot BTC and ETH ETFs continues to support mainstream adoption, even as short-term market conditions remain cautious.
