U.S.-listed spot Bitcoin exchange-traded funds (ETFs) lost $643.2 million on October 30, according to Farside Investors.
The outflows erased nearly two-thirds of their 2026 net inflows in the first trading session after Binance’s record hack, CoinDesk reported.
It was the largest single-day withdrawal since June 25, when investors pulled $696.3 million, and the 12th-largest single-day outflow since the fund began trading in January 2024.
Before Friday, cumulative net inflows for 2026 stood just above $1 billion. The withdrawal cut that total by 63.6% of the year-to-date net inflow.
Bitcoin ETFs let investors hold Bitcoin through a regular stock brokerage account, without the hassle of buying or storing the actual digital coins.
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BlackRock and Fidelity lead withdrawals
Farside Investors’ data showed BlackRock and Fidelity led Friday’s ETF withdrawals.
BlackRock’s IBIT lost $233.7 million, and Fidelity’s FBTC shed $201 million, followed by ARK 21Shares’ ARKB, which shed $129.5 million.
Together, IBIT and FBTC accounted for about 67.6% of Friday’s total outflows, based on calculations using Farside’s figures.
Grayscale’s GBTC recorded $53.3 million in outflows, while Bitwise’s BITB lost $25.7 million. The other seven funds in Farside’s table reported no net flows.
According to Farside’s data, the outflows also overturned a positive start to the week. Between October 26 and October 29, the funds recorded $440.8 million in net inflows. Friday’s reversal left the week with $202.4 million in net outflows.
What to watch next?
Three events matter in the upcoming days.
First is the November 3rd U.S. midterm election, which could reshape the regulatory landscape for the remainder of President Donald Trump’s second term.
Second is the November 6th nonfarm payrolls report, which will detail the state of the U.S. labor market for October. The findings could shift expectations for Federal Reserve interest rate policy, sparking ripple effects across all asset classes, including crypto.
Third is MSCI’s finalized list of firms affected by its updated non-operating company rules. The index provider has flagged top corporate Bitcoin holders Strategy and Metaplanet as candidates for exclusion, which could trigger passive fund selling pressure and limit their ability to accumulate more Bitcoin.
The final list will be made available on November 11, 2026.
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