U.S. spot Bitcoin ETFs see $643 million net outflows on Oct. 30, led by BlackRock’s IBIT
On October 30, U.S. spot Bitcoin exchange‑traded funds recorded a combined net outflow of about $643 million, the largest single‑day withdrawal since June 25. BlackRock’s iShares Bitcoin Trust (IBIT) contributed roughly $234 million of the outflow, while Fidelity’s FBTC accounted for about $201 million. The outflows ended a four‑day inflow streak and reduced cumulative net inflows to $56.98 billion, though total net assets remained near $98.14 billion.
Why it matters
The sharp outflow signals a slowdown in institutional demand for spot Bitcoin products, which could pressure ETF pricing and affect future capital allocations (the company’s data shows assets still high but inflows declining).
Key facts
- 1U.S. spot Bitcoin ETFs recorded $643.33 million in net outflows on October 30. altcoinbuzz.io
- 2BlackRock’s IBIT led with $233.70 million net outflows. altcoinbuzz.io
- 3Fidelity’s FBTC had $201.04 million net outflows. altcoinbuzz.io
- 4Cumulative net inflows across U.S. spot Bitcoin ETFs fell to $56.98 billion. altcoinbuzz.io
- 5Total net assets of the ETFs remained at $98.14 billion after the outflows. altcoinbuzz.io
- 6Spot Ether ETFs also posted $156 million net outflows on the same day. coinfomania.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.