Key Notes
- US Bitcoin ETFs noticed $1.22 billion in outflows this week.
- BlackRock’s IBIT led with $268.6 million in Friday redemptions.
- Bitcoin should reclaim $108K–$109K to keep away from testing $100K assist.
Spot Bitcoin exchange-traded funds (ETFs) in the US noticed over $1.2 billion in outflows this week, cementing a brutal week for Bitcoin and digital asset merchandise.
On October 17, U.S. spot Bitcoin ETFs recorded a internet outflow of $367 million, marking the third consecutive day of outflows. Spot Ethereum ETFs noticed internet outflows of $232 million, with not one of the 9 funds posting inflows.
https://t.co/Hj2Gs49bWa pic.twitter.com/gkagJ5Zjku
— Wu Blockchain (@WuBlockchain) October 18, 2025
In accordance with knowledge from SoSoValue, Friday alone noticed $366.6 million in redemptions, led by BlackRock’s iShares Bitcoin Belief, which misplaced $268.6 million. Constancy’s fund shed $67.2 million, Grayscale’s GBTC recorded $25 million in outflows, whereas Valkyrie noticed solely minor redemptions.
This was the worst week for Bitcoin ETFs since mid-2024, with solely a single inflow day recorded on Tuesday. The outflows coincided with Bitcoin’s $10,000 worth crash, from simply above $115,000 on Monday to a four-month low under $104,000 by Friday.
Schwab Sees Rising Retail Curiosity
In the meantime, Charles Schwab CEO Rick Wurster stated that the agency’s shoppers now personal 20% of all crypto exchange-traded merchandise (ETPs) in the US.
Talking with CNBC, Wurster added that visits to Schwab’s crypto portal are up 90% year-on-year, calling crypto “a subject of excessive engagement.”
Charles Schwab CEO on crypto…
“It’s a subject that’s of excessive engagement.”
Schwab shoppers personal *20%* of all crypto alternate traded merchandise.
Visits to Schwab crypto website ↑ 90% in final yr.
Schwab operates one among largest brokerages in US.
Hope you’re paying consideration. pic.twitter.com/XR10TRR6NK
— Nate Geraci (@NateGeraci) October 18, 2025
Notably, Schwab already affords publicity via crypto ETFs and Bitcoin futures. Earlier reviews reveal that the corporate can also be trying to debut a stablecoin within the close to future.
Lengthy-Time period Holders Nonetheless Unfazed
In accordance with Glassnode, Bitcoin’s illiquid provide dropped simply 2% in Q3, whereas liquid provide rose 12%, which means long-term holders are largely staying put regardless of worth volatility.
#Bitcoin’s illiquid provide fell simply 2% in Q3 whereas liquid provide rose 12% – most Lengthy-Time period Holders stayed put whilst worth set a brand new ATH. pic.twitter.com/PTKKsmgT7A
— glassnode (@glassnode) October 17, 2025
CryptoQuant analyst Darkfost was additionally bullish, adding, “Purchase Bitcoin! This cycle, BTC is additional solidifying its dominance because the king of crypto property.”
He highlighted that between 2024 and 2025, whole alternate and OTC desk provide dropped from 4.5 million to three.1 million BTC, signaling sustained accumulation. He confirmed that even with BTC printing new highs, long-term accumulation continues to be ongoing.
BTC Value Evaluation: Can BTC Reclaim $108K?
Crypto analyst Ted Pillows believes Bitcoin’s next move will rely upon reclaiming the $108,000–$109,000 zone. “This would be the first essential stage to reclaim to offer some confidence,” he stated.
$BTC is struggling to reclaim the $108,000-$109,000 assist stage.
This would be the first essential stage to reclaim to offer some confidence.
If that occurs, Bitcoin might rally in the direction of the $112,000 stage within the coming days.
A failure to reclaim the $108,000 stage will ship… pic.twitter.com/GPmwahpaTt
— Ted (@TedPillows) October 18, 2025
Pillows additionally acknowledged {that a} profitable reclaim of this important zone might push BTC towards $112,000, whereas failure would expose the $100,000 area.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with an expert earlier than making any selections based mostly on this content material.
A crypto journalist with over 5 years of expertise within the business, Parth has labored with main media shops within the crypto and finance world, gathering expertise and experience within the area after surviving bear and bull markets through the years. Parth can also be an writer of 4 self-published books.
