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US Bitcoin ETFs post $292M outflow, first since July

October 30, 2026

US spot Bitcoin exchange-traded funds recorded $292 million in net outflows over the 30 days ending October 26, the first negative rolling total since late July, according to Glassnode. The firm said the move stayed limited and that inflows had returned this week. Cointelegraph and Blockchain.News reported the same reading.

What happened

Glassnode posted the figure on October 29. Its rolling 30-day net-flow series for the US spot Bitcoin ETFs reached minus $292 million on October 26, the first time that window had been negative since late July. The series sums daily share creations and redemptions. It is not a one-day print, and it is not October’s calendar-month total.

Sessions inside the window did not move in one direction. On October 22 the funds saw about $635 million in net outflows, the largest single-day withdrawal since June 25, Cointelegraph reported, citing SoSoValue. That day erased most of a three-day inflow run of about $1.08 billion. A later Cointelegraph account, using Farside Investors data, said the products still closed the following week with roughly $301 million in net inflows, ending two weeks of withdrawals, while October’s month-to-date figure was still negative on that cut.

Glassnode’s comment was brief. It said the dip “remains shallow,” and that inflows had already returned. Separate daily totals from SoSoValue, reported by Cointelegraph, describe the same turn without being the same dataset. The funds drew about $110 million on October 26 and about $176 million on October 27, according to Cointelegraph. On October 28 they added about $137 million, taking the three-day total to roughly $424 million and October’s calendar-month net flow to about $111 million of inflows, the outlet reported on October 29, with two sessions left in the month.

Why it matters

Net flows in the US spot Bitcoin ETFs, which began trading in January 2024, are a public record of whether those products are creating or redeeming shares. A negative 30-day sum means redemptions exceeded creations over that span. It does not by itself show that long-term holders left. Glassnode did not describe the October 26 reading as a structural exit. It said the deficit was shallow and that the latest week had turned positive again.

The two sets of headlines measure different periods. Glassnode’s minus $292 million stops on October 26 and looks back 30 days. Cointelegraph’s figure of about $111 million in October inflows runs through October 28, uses SoSoValue, and includes sessions after the date Glassnode flagged. Compilers also differ on some daily amounts, so a Glassnode day total and a SoSoValue day total should not be treated as one series.

The same week, the Federal Reserve left its benchmark rate unchanged in a target range of 3.75% to 4%, Cointelegraph reported, and Chair Kevin Warsh said inflation was still above the 2% target. Glassnode did not tie the $292 million window to that decision. The rate hold is context for the days when inflows returned, not an explanation supplied with the flow chart.

What's next

Whether the rolling 30-day series stays negative depends on which days fall out of the window and whether this week’s inflows continue. Glassnode pointed readers to its ETF net-flow chart for that update. Month-end tables from SoSoValue and Farside Investors will show if October, as a calendar month, still shows the modest net inflow Cointelegraph reported through October 28.

Two sessions remained when that report was published. One large redemption day can swing both the daily print and the rolling sum, as October 22 already did. The figures on record do not support reading the $292 million gap as a price signal. Later flow reports will show whether the inflow rebound Glassnode noted lasted past midweek.

Sources

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