U.S. Bitcoin ETFs End Two-Week Outflow Streak With About $300 Million Inflow

U.S. spot Bitcoin (BTC) exchange-traded funds recorded a provisional net inflow of about $300 million for the week ended Oct. 23, ending a two-week withdrawal run even as late-week outflows erased most of the early gains.

The funds took in $1.075 billion during the first three sessions: $526.7 million Monday, $23.2 million Tuesday and $524.8 million Wednesday. They then recorded $635.6 million in outflows Thursday and $137.9 million Friday.

BlackRock’s IBIT had outflows of $254.1 million Thursday and $110.3 million Friday. Fidelity’s FBTC saw $217.5 million and $31.8 million in outflows over the same sessions.

The weekly inflow followed $678.9 million in net outflows for Oct. 5-9 and $228.4 million for Oct. 12-16. Funds remained about $606 million in net outflows across the three-week period, while October recorded net outflows of about $313.5 million through Oct. 23.

The completed week adds Oct. 23 to earlier coverage of competing ETF flow totals through Oct. 22.