Bitwise’s BITB Draws $2.2 Million as U.S. Spot Bitcoin ETFs Shed $261.4 Million
Bitwise’s BITB saw $2.2 million in net inflows on October 14, 2026, while U.S. spot Bitcoin ETFs recorded $261.4 million in net outflows, according to Farside Investors.
- BITB: $2.2 million in net inflows.
- IBIT and FBTC: $263.6 million in combined net outflows.
- ETF flows show fund activity, not a real-time tally of Bitcoin sales.
BITB gained as larger funds saw outflows
Farside reported $2.2 million in inflows for BITB. BlackRock’s IBIT recorded $110.9 million in net outflows, while Fidelity’s FBTC lost $152.7 million. Together, the two funds saw $263.6 million in outflows. BITB’s inflow partly offset those withdrawals, leaving the U.S. spot Bitcoin ETF group with $261.4 million in net outflows.
ETF flows track the net value of money entering or leaving funds through creations and redemptions. They do not record Bitcoin sales on exchanges in real time. A redemption may lead a fund to sell some of its Bitcoin, but flow figures alone cannot show how much was sold, when a sale took place, or how it affected the market.
Daily swings need longer-term context
Daily flows have swung sharply. Farside recorded $175.7 million in net inflows on October 13, then $261.4 million in net outflows on October 14. It also reported $484.9 million in outflows on October 7. Financial data for October 2026 shows the broader daily flow record.
These reversals show volatility in daily fund flows, but they do not prove that investor demand has changed direction for good. Farside’s table showed approximately $57.0 billion in cumulative net inflows. That figure tracks net flows over time, not assets under management, and it does not guarantee that inflows will continue.
BITB is listed on NYSE Arca and began operations on January 10, 2024, according to Bitwise. The firm reported the fund’s net assets at about $3.05 billion as of October 13, 2026. These figures apply to BITB, not all U.S. spot Bitcoin ETFs. Bitwise’s Bitcoin ETF overview and performance offers further fund details.
What do the Bitcoin ETF outflows mean?
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Does BITB’s inflow mean investors were broadly buying Bitcoin?
No. BITB saw net inflows that day, while the U.S. spot Bitcoin ETF group recorded net outflows.
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Did the $261.4 million in outflows mean that amount of Bitcoin was sold on exchanges that day?
No. The figure measures net fund flows, not same-day exchange sales. Related Bitcoin sales may occur, but the reported flow does not specify their amount or timing.
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Do the daily figures show that ETF demand is in a lasting decline?
No. Flows shifted from $175.7 million in inflows on October 13 to $261.4 million in outflows on October 14. That shows how quickly daily figures can change. A longer run of data is needed to tell whether demand has shifted direction.
On October 14, BITB attracted a modest net inflow even as the wider U.S. spot Bitcoin ETF group recorded a substantial withdrawal. The figures offer a snapshot of fund activity, but they do not explain what drove it or predict what comes next. ETF outflows have also occurred during periods when Bitcoin rebounded above $81, 000.
