UPDATE: Ethereum ETFs bleed $69.7M alongside widening Bitcoin ETF exits
CIE News ·
Update to UPDATE: Hotter US CPI triggers ETF outflows as Strategy Inc. faces MSCI scrutiny
Based on reporting by Investing.com; not yet independently confirmed.
Spot Ethereum ETFs recorded $69.68 million in net redemptions on October 16, expanding total crypto ETF exits to $152 million alongside $10.61 million in Fidelity FBTC outflows.
Spot Ethereum ETFs registered $69.68 million in net outflows on October 16, 2026, pushing combined crypto fund exits to roughly $152 million, cryptobriefing.com reported. The redemptions expand on earlier reports of $82.39 million leaving U.S. spot Bitcoin (BTC) ETFs during the same session, where Fidelity's FBTC saw $10.61 million in withdrawals alongside end-user share redemptions from BlackRock's IBIT. The simultaneous pullbacks brought monthly BTC ETF redemptions to roughly $535 million across October, while total Ethereum (ETH) fund reserves fell to approximately $15 billion.
Key facts
- $69.68M ETH ETF outflows
- Fidelity FBTC loses $10.61M
- Total crypto exits reach $152M
- Occurred on October 16, 2026
Read the original at Investing.com