Overview
- U.S.-listed spot funds saw $755 million in redemptions on Oct. 13, with $326.5 million exiting Bitcoin ETFs and $428.5 million leaving Ethereum ETFs, according to SoSoValue.
- BlackRock’s iShares Bitcoin Trust took in $60.4 million on the day and has logged a multi‑day inflow streak, retaining roughly $93–$94 billion in assets and about $65 billion in cumulative net inflows.
- Ethereum products led the retreat as BlackRock’s ETHA recorded about $310 million in outflows and no ETH ETF reported inflows for the session, Farside and SoSoValue data show.
- The flows reversal followed a weekend selloff linked to President Donald Trump’s tariff threat on Chinese imports, which coincided with an estimated $19–$30 billion in leveraged liquidations and sharp price swings.
- Despite the setback, CoinShares reported $3.17 billion of weekly inflows into crypto investment products, while analysts reiterated concerns over ETFs’ limited trading hours and clarified viral claims of an IBIT “dump” as routine operations.