- US spot Bitcoin ETFs recorded US$1.28 billion in weekly net outflows, their seventh-worst week since launch, pushing 2026 net flows into negative territory.
- BlackRock’s IBIT lost US$1.2 billion over the week, while Fidelity’s FBTC bucked the trend with US$93.1 million in net inflows.
- Ethereum ETFs extended their losing streak to six weeks, with US$2.02 billion withdrawn since late September.
- Solana and Hyperliquid ETFs recorded their fifth consecutive week of net outflows, while Bitcoin fell 4.6% and Ethereum declined 7.1% over the week.
The US spot Bitcoin ETFs closed last week deep in the red, after Friday saw another US$411.9 million (AU$597.45 million) in net outflows, bringing the weekly total to US$1.28 billion (AU$1.85 billion). Wednesday was the only day that had net inflows across the funds, with US$74.6 million (AU$108.2 million).
This makes the past week the seventh-worst for the 12 US funds since their launch, following US$1.79 billion (AU$2.59 billion) in net outflows for the week ending 26 June 2026. The latest withdrawals also pushed the funds into negative territory for 2026, with year-to-date net outflows reaching US$914.1 million (AU$1.33 billion).
Interestingly, a trend has emerged over the past trading week: Fidelity’s FBTC is performing contrary to its peers, especially the largest Bitcoin ETF, BlackRock’s IBIT.
FBTC had weekly net inflows of US$93.1 million (AU$135.1 million) while IBIT saw US$1.2 billion (AU$1.74 billion) in net outflows last week. IBIT is also on a six-day outflow streak with US$1.44 billion (AU$2.1 billion) in net outflows since 30 October.
Related: Bitcoin Falls Below US$76K as Wall Street Rout Triggers US$1.2B in Crypto Liquidations
Not Only Bitcoin ETFs Affected
Other crypto ETFs didn’t fare much better. While US spot Ethereum ETFs saw US$53 million (AU$76.9 million) in net inflows on Wednesday, the week still ended with net outflows of US$365.3 million (AU$529.9 million) across the five trading days.
This marks the sixth consecutive week of net outflows for Ethereum ETFs, with approximately US$2.02 billion (AU$2.93 billion) withdrawn since late September.
CoinGlass data shows zero reported net flows for US spot XRP ETFs for the past week.
US spot Solana ETFs recorded US$26.3 million (AU$38.1 million) in weekly net outflows, and Hyperliquid ETFs ended the trading week with a US$15.6 million (AU$22.6 million) deficit across all five days.
Both Solana and Hyperliquid ETFs have now recorded five consecutive weeks of net outflows, their longest losing streaks since launching.
The sell-off comes amid a broader crypto crash. Bitcoin is down 4.6% on the weekly chart and currently trades for US$74,917 (AU$108,679). Ethereum took an even larger hit, down 7.1% week-on-week, trading for US$2,140 (AU$3,104). XRP and Hyperliquid were even worse affected, with 11.8% and 15.4% losses on the weekly chart, respectively.
Related: Hyperliquid Strategies Seeks CFTC Registration to Bring Perpetual Futures to US Traders
Aaron Feuerstein
Aaron Feuerstein is a freelance writer based in Melbourne. His focus is on decentralised finance and the regulatory space surrounding blockchain. He holds a Master's in Accounting. When he is not studying the latest legal case, he enjoys his time as a modest but eager hobby cook.
