TL;DR
- U.S. spot Bitcoin ETFs added about $176 million on October 27 after $110.3 million the previous session, bringing two-day inflows to roughly $286 million.
- October net outflows narrowed to about $26 million, but the recovery only partially offset approximately $773.5 million withdrawn across October 22 and 23.
- BlackRock’s IBIT drove most of the rebound, while Fidelity’s FBTC returned to inflows; the month remains far weaker than September’s $2.65 billion gain.
U.S. spot Bitcoin ETFs recorded a second consecutive session of inflows, sharply reducing October’s net losses after a volatile stretch of withdrawals. According to SoSoValue data, the funds attracted about $176 million on October 27 after adding $110.3 million a day earlier. The two-day recovery brought roughly $286 million back into the products and narrowed October’s net outflows to about $26 million. The rebound keeps institutional flows central to the broader Bitcoin market.
Two Positive Sessions Offset Part of Late-October Withdrawals
Tuesday’s inflows were concentrated in two funds. BlackRock’s IBIT attracted approximately $151.5 million, while Fidelity’s FBTC added about $24.5 million, with the remaining tracked products showing no net flow. Monday’s $110.3 million had come entirely through IBIT. BlackRock therefore accounted for most of the two-day recovery, while Fidelity returned to positive territory on the second session. The pattern follows IBIT’s earlier $110.3 million single-day inflow, when other Bitcoin ETFs remained largely inactive.
The rebound followed approximately $773.5 million in combined withdrawals across October 22 and 23, including a $635.6 million daily outflow followed by another $137.9 million exit. The latest $286 million inflow recovered only part of those losses, so two positive sessions do not yet establish a durable reversal in ETF demand. October remains slightly negative on a net basis, contrasting with the $528.4 million inflow recorded earlier in the month when BlackRock and Fidelity also led demand.
The monthly picture is notably weaker than September. U.S. spot Bitcoin ETFs attracted $2.65 billion in net inflows during September, their second-strongest monthly result since October 2025. By comparison, October had returned to roughly $26 million in net outflows through Tuesday despite several large positive sessions. The contrast shows how quickly daily reversals have changed the month’s institutional-flow profile. September’s strong $2.65 billion ETF inflow therefore remains a substantially stronger benchmark than October’s near-flat position.
Year-to-date net inflows stood near $850 million in the cited snapshot, leaving the 2026 balance positive despite October’s volatility. The recent inflows also coincided with Bitcoin recovering above $80,000, but the flow data alone does not establish that ETF buying caused the price rebound. The clearest signal is that fresh creations have nearly erased October’s monthly ETF deficit without confirming sustained institutional accumulation. Remaining trading sessions will determine whether the month ultimately closes with net inflows or preserves a small net outflow overall.
