−$261.4M net outflow on Wed 14 Oct · 1.26M BTC held by US spot ETFs
US spot Bitcoin ETFs saw a net outflow of $261.4 million on , led by FBTC (−$152.7M) and IBIT (−$110.9M). That makes −$374.1M over 7 days and +$57.26B since launch in January 2024.
Daily net creations (green) and redemptions (red), with the BTC price
Net flow per fund in US$ millions, last 10 trading days
| Date | Total | BTC close | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Thu 15 Oct | Awaiting fund reports | $82,463 | |||||||||||
| Wed 14 Oct | −110.9 | −152.7 | 0 | 0 | +2.2 | 0 | 0 | 0 | 0 | 0 | 0 | −261.4 | $81,642 |
| Tue 13 Oct | +65.9 | +103.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | +169.0 | $83,126 |
| Mon 12 Oct | −65.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −65.4 | $81,813 |
| Fri 9 Oct | +22.4 | −3.6 | 0 | 0 | 0 | 0 | +2.3 | 0 | 0 | 0 | 0 | +21.1 | $82,579 |
| Thu 8 Oct | −5.5 | −197.1 | −8.2 | 0 | −17.7 | −20.3 | 0 | 0 | 0 | +4.7 | 0 | −244.1 | $81,711 |
| Wed 7 Oct | −207.7 | −105.1 | −39.3 | 0 | −27.6 | −101.7 | −3.5 | 0 | 0 | 0 | 0 | −484.9 | $83,282 |
| Tue 6 Oct | +122.0 | 0 | 0 | −11.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | +111.0 | $85,508 |
| Mon 5 Oct | +69.9 | −74.5 | 0 | 0 | 0 | −85.2 | 0 | 0 | 0 | 0 | 0 | −89.8 | $85,717 |
| Fri 2 Oct | +158.2 | +29.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | +187.5 | $84,483 |
| 9-day total | +48.9 | −400.6 | −47.5 | −11.0 | −43.1 | −207.2 | −1.2 | 0 | 0 | +4.7 | 0 | −657.0 | |
Fees, assets, BTC held and premium to NAV · sort any column
| # | Fund | Type | Fee | Price | Premium | Volume | AUM | BTC held | Share | BTC 7d | Launched |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Spot | 0.25% | $46.59 +0.76% | – | $1.79B | $67.10B | est.803,830 | 62.8% | −1,161 | Jan 2024 | |
| 2 | Spot | 0.25% | $71.55 +0.66% | – | $237.1M | $14.92B | est.177,593 | 13.9% | −3,086 | Jan 2024 | |
| 3 | Spot | 1.50% | $63.53 +0.70% | −0.03% | $83.2M | $10.30B | 125,968 | 9.8% | −137 | Sep 2013 | |
| 4 | Spot | 0.15% | $36.37 +0.78% | – | $38.5M | $5.42B | est.62,006 | 4.8% | 0 | Jul 2024 | |
| 5 | Spot | 0.20% | $44.66 +0.79% | +0.01% | $40.7M | $3.05B | 37,318 | 2.9% | −190 | Jan 2024 | |
| 6 | Spot | 0.21% | $27.27 +0.66% | +0.06% | $44.5M | $2.62B | 32,040 | 2.5% | −272 | Jan 2024 | |
| 7 | Futures | – | $11.00 +0.92% | – | $665.5M | $1.62B | 20,998* | 1.6% | – | Oct 2021 | |
| 8 | Spot | 0.00% | $23.26 +0.65% | +0.10% | $14.8M | $1.20B | 14,408 | 1.1% | +94 | Jan 2024 | |
| 9 | Spot | 0.25% | $23.18 +0.65% | +0.02% | $149K | $472.1M | 5,655 | 0.4% | −51 | Jan 2024 |
est. = last published holdings (IBIT 4 Sep, FBTC 4 Sep, BTC 4 Sep) plus net flows since, at each day’s BTC price; premium hidden until the fund publishes again. * Holdings as of BITO 4 Sep. Holdings and premiums come from fund filings.
Cumulative net flows per fund since launch · total +$56.62B
A Bitcoin ETF issues and cancels shares to match demand. When investors buy more shares than they sell, an authorised participant asks the fund to create new ones and delivers cash or BTC for them; the fund then holds that much more Bitcoin. When selling wins, shares are redeemed and the fund releases or sells BTC. The day’s net flow is creations minus redemptions, valued in US dollars.
Flows are different from trading volume. Most ETF trading is investors swapping shares with each other on the exchange, which moves no Bitcoin at all. Only creations and redemptions change what the fund holds, which is why flows, not volume, are watched as the measure of real demand.
Spot ETFs hold bitcoin itself through a custodian, so their value tracks the BTC price minus the fee. Every fund in the daily flows table is a spot ETF. Futures ETFs such as ProShares’ BITO hold CME bitcoin futures instead. They roll contracts each month, and when later futures cost more than spot that roll cost makes them trail bitcoin over time. They are listed in the comparison table for completeness.
Most spot Bitcoin ETFs charge between 0.15% and 0.25% a year, taken from the fund’s assets day by day. A fee waiver can bring one to zero for a set period or up to an asset limit. The exception is Grayscale’s GBTC at 1.5%: Grayscale launched the cheaper Mini Trust (BTC) beside it. The fees panel above ranks every fund and marks the asset-weighted average; at the same fee, size and trading volume decide how tight the spread is when you buy or sell.
GBTC began as a private trust in 2013 and converted into an ETF on the day spot ETFs launched, keeping its 1.5% fee. Holders who had been locked in for years could finally redeem, and many moved to funds charging a sixth of that. That is why GBTC shows the largest cumulative outflow on this page while total Bitcoin ETF flows remain strongly positive.
iShares Bitcoin Trust (IBIT) is now the largest of them, with $67.10B in assets.
Daily flows are each fund’s change in shares outstanding valued at its net asset value, from issuer disclosures; holdings, assets and premiums come from the funds’ daily files, and prices and volume from US exchange data. Figures update every few minutes during US hours and fill in after the close as issuers report. When a fund’s published holdings are more than ten days old, the table estimates them from its last filing plus the net flows since, at each day’s BTC price, and marks the figure “est.”.
Live answers use the latest reported day · updated
The latest reported day, Wed 14 Oct 2026, saw a net outflow of $261.4M across US spot Bitcoin ETFs (outflow day). Net flows were −$374.1M over 7 days and +$1.64B over 30 days. Funds report after the US close, so a day’s figures fill in during the evening and the next morning.
US spot Bitcoin ETFs hold about 1.26M BTC, 6.02% of the 21 million BTC that will ever exist. IBIT alone holds 803.8K BTC. Together the funds manage $106.70B.
iShares Bitcoin Trust (IBIT), from BlackRock, is the largest Bitcoin ETF with $67.10B in assets, about 63% of the total. FBTC ($14.92B) and GBTC ($10.30B) follow.
VanEck Bitcoin ETF (HODL) has the lowest listed fee at 0.00% a year (a fee waiver; check when it ends). Most spot funds charge 0.20% to 0.25%; GBTC is the most expensive at 1.50%.
A spot Bitcoin ETF is an exchange-traded fund that holds bitcoin itself and tracks its price. You buy and sell its shares in a brokerage account like any stock, and the fund’s custodian holds the coins, so there are no wallets or private keys to manage. Spot Bitcoin ETFs started trading in the US on 11 January 2024.
An inflow means investors bought more ETF shares than they sold, so new shares were created and the fund took in cash or BTC to back them. An outflow means shares were redeemed and the fund released BTC or sold it. Net flow is a fund’s creations minus redemptions for the day, in US dollars, and is the clearest daily read on institutional demand.
Each issuer publishes its shares outstanding and holdings after the US market closes at 4pm New York time. Most funds report the same evening; a few post the next morning, so the latest day can show as pending for a while. The table on this page fills in fund by fund as reports arrive.
They can. Large creations mean real BTC is bought for the funds, and long streaks of inflows have lined up with strong rallies. The link is loose day to day: flows often follow price rather than lead it, and derivatives markets move Bitcoin far more within the day. Read flows together with funding rates and open interest. Not investment advice.
This page tracks 11 US spot Bitcoin ETFs that report daily flows, from BlackRock, Fidelity, Grayscale, Bitwise, ARK 21Shares, VanEck, CoinShares, Franklin Templeton, Invesco Galaxy and WisdomTree, plus the ProShares futures-based ETF (BITO), which holds bitcoin futures rather than bitcoin.
It depends on what you need. An ETF fits a brokerage or retirement account, needs no wallet and is covered by securities rules, but it charges a yearly fee, trades only in US market hours and can’t be withdrawn as BTC. Holding BTC directly costs nothing to keep, trades around the clock and is yours to move, but you are responsible for keeping it safe.
Flows, holdings and prices come from issuer disclosures and US market data; the latest day fills in as funds report after the close. Not financial advice. Where the data comes from