News View Non-AMP

$755 Million Withdrawn from BTC and ETH ETFs After Trade War Fears

Published by
Zameer Attar

On October 13, both U.S. spot ETFs, Bitcoin, and Ethereum recorded heavy outflows. According to data from SoSoValue, Bitcoin ETFs withdrew $326.52 million, while Ethereum ETFs transferred $428.52 million. 

Bitcoin ETF Breakdown

With only six out of twelve ETFs posting action, Bitcoin ETFs recorded a net outflow of $326.52 million. BlackRock IBIT was the only ETF to post $60.36 million in inflows for the session. Following ETFs posted outflow: 

  • Grayscale GBTC: $145.39 million
  • Bitwise BITB: $115.64 million
  • Fidelity FBTC: $93.28 million
  • Ark & 21Shares ARKB: $21.12 million
  • VanEck HODL: $11.44 million

Despite moving off a heavy amount, Bitcoin ETFs recorded $6.63 billion in trading value with total net assets of $157.18 billion. This marks 6.81% of the Bitcoin market cap. 

Ethereum ETF Breakdown

Ethereum ETFs posted a sell-off of $428.52 million, with no inflows for the day. Seven out of nine ETFs posted action for the day. 

  • BlackRock ETHA: $310.13 million
  • Grayscale ETH: $49.67 million
  • Grayscale ETHE: $20.99 million
  • Fidelity FETH: $19.12 million
  • Bitwise ETHW: $12.80 million
  • VanEck ETHV: $9.34 million
  • Franklin EZET: $6.46 million

Total trading volume in Ethereum ETFs reached $2.82 billion with net assets of $28.75 billion. This represents 5.56% of the Ethereum market cap. 

Market Context

Bitcoin is trading at $113,499.05, after a 1.3% drop in 24 hours. Its market cap has reached $2.260 trillion, which also dipped this week. The daily trading volume has reached $69.02 billion, showing a slow market. 

Meanwhile, Ethereum is priced at $4,142.32, with a market cap of $500.809 billion. Its trading volume has dropped to $48.3 billion, marking a 21.25% dip compared to the previous day. 

Why BTC and ETH prices plunged: 

After President Donald Trump threatened new tariffs on imports from China, investors feared atrade war between the two countries. This triggered investors to sell off risky assets like tech stocks and crypto, which resulted in a crypto market crash. 

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Analyst Reveals What’s Next For Bitcoin, Gold and Silver

Markets are under heavy pressure as crypto and precious metals have dropped sharply, triggering what…

February 2, 2026

Strategy Buys 855 Bitcoin, Expands Total Holdings to 713K BTC

Michael Saylor's Strategy has continued buying Bitcoin steadily, adding 855 BTC in a recent purchase…

February 2, 2026

Top 3 Altcoins to Buy to Outperform $3,000 ETH in February 2026: Why Digitap ($TAP) is the Best Crypto to Buy ($TAP, TRX, LINK)

2026 has come with a massive shift in market dynamics as Ethereum (ETH) struggles to…

February 2, 2026

Bitcoin Price Prediction 2035: How Bitcoin Everlight Plans to Shape Cryptocurrency’s Future

Bitcoin price projections for 2035 have become a recurring topic as institutional models extend further…

February 2, 2026

David Schwartz Comments as Old Epstein Claims Drag Ripple and XRP Back Into Focus

Unverified claims circulating online are once again linking early crypto figures, old emails, and the…

February 2, 2026

Whales Accumulate This New Altcoin Under $1 as Crypto Market Turns Bearish

The final days of January 2026 have brought a sudden chill to the digital asset…

February 2, 2026