Content overview: “Bitcoin ETFs Lose $82 Million as BlackRock Leads Friday’s Withdrawals”. US spot Bitcoin exchange-traded funds recorded approximately $82.4 million in net outflows on October 16, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $71.8 million of the withdrawals, according to data from Farside Investors. Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw around $10.6 million in net outflows, while other products were broadly flat. The concentration of outflows in IBIT is notable because it has become a key gauge of Bitcoin demand through traditional brokerage accounts.
The outflows followed a volatile week: October 14 saw roughly $261 million leave the category, then a modest return to net inflows on October 15. Friday’s negative session suggests investor demand remains unsettled rather than trending clearly. While outflows do not necessarily signal a wholesale exit from institutional Bitcoin positions, the next trading sessions will be critical. The full version stays on the original page, which this listing opens directly.