US spot Bitcoin ETFs saw net outflows of $261.4 million on October 14. Bitwise’s BITB stood out with $2.2 million in inflows while Fidelity’s FBTC and BlackRock’s IBIT led redemptions with $152.7 million and $110.9 million respectively. Those two funds alone account for $263.6 million in outflows, more than the group’s net total. Spot Ethereum ETFs also lost $130 million on the same day. Since their January 2024 launch, these products have accumulated over $54 billion in cumulative net inflows, representing approximately $100 to $107 billion in total assets as of mid-October.
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