Spot Bitcoin ETFs log $89.9 million net outflow on Oct. 5; only BlackRock's IBIT posts inflows
AI Market Summary
Spot Bitcoin ETFs posted a net outflow of $89.9m on Oct 5, indicating softer near-term demand via the ETF channel despite BlackRock's IBIT taking in $69.9m. ARKB drove most of the day's redemptions with an $85.2m outflow. With total spot ETF NAV at $110.8bn (6.43% of BTC market cap) and cumulative inflows still positive, flows suggest rotation and sensitivity to macro/risk positioning.
Impact level
● Medium
Affected assets
BTC/USDT-0.48%
AI Insight · BTC/USDTAI Insight
● Neutral
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Spot Bitcoin exchange-traded funds recorded a net outflow of $89.8978 million on Oct. 5 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) was the only product to attract net inflows on the day, adding $69.853 million. IBIT's cumulative net inflows rose to $65.802 billion.
ARKB, issued by Ark Invest and 21Shares, saw the largest single-day redemption, with a net outflow of $85.2054 million. ARKB's cumulative net inflows stand at $1.316 billion.
As of publication, spot Bitcoin ETFs held $110.773 billion in total net assets. Their net asset ratio—ETF market capitalization as a share of Bitcoin's total market cap—was 6.43%, while cumulative net inflows since launch reached $57.698 billion.
