BlackRock's IBIT Carried All $16.79M of Thursday's Bitcoin (BTC) ETF Inflow

IBIT Carried the Whole Inflow

The United States spot Bitcoin (BTC) ETFs took in a net $5.06 million on Thursday, Oct. 15, SoSoValue data shows, one day after $261.46 million left the same twelve-product lineup on Wednesday. The Bitcoin price now trades near $82,000, up 1.2% over 24 hours, and Thursday marked the first net-positive session since Tuesday. BlackRock's IBIT was the only fund in positive territory, absorbing $16.79 million and lifting its cumulative net intake to $65.64 billion. A net inflow means new share creations outnumbered redemptions for the day, and on Thursday exactly one product managed it. Grayscale's Bitcoin Mini Trust (BTC) lost $7.64 million, Invesco Galaxy's BTCO shed $4.09 million, and Fidelity's FBTC, Ark 21Shares' ARKB and Grayscale's GBTC recorded no movement at all. The scale itself stays the caveat: the combined intake equaled roughly 1.9% of the previous day's redemptions, and nothing resembling whale activity appears in the fund-level table. Even IBIT carries a five-day deficit of $71.21 million, so the month's Bitcoin ETF flows, built from daily issuer creation and redemption disclosures, have mostly run the other direction.

October Flows Remain Negative

The wider ledger weighs more than any single session. Over the five trading days from Oct. 9 through Oct. 15, the complex recorded a net $124.91 million in redemptions, with direction alternating daily: inflows on Oct. 9, Oct. 13 and Thursday against outflows on Oct. 12 and Oct. 14, by a CoinGlass-based count. Fidelity's FBTC alone lost $53.2 million across those five sessions, while Morgan Stanley's MSBT added $6.7 million and VanEck's HODL picked up $2.3 million. October through the 15th has produced a cumulative net outflow of $532.31 million, a sharp turn from September's $2.65 billion in net inflows. Since the funds listed in January 2024, cumulative net intake stands near $57 billion, with IBIT's $65.64 billion offset by $27.9 billion out of Grayscale's GBTC. Total net assets of the complex reached $105.71 billion on Thursday, equal to 6.41% of Bitcoin's market cap, on one-day ETF trading volume of $2.28 billion. Ether funds tell a harsher story: spot Ether (ETH) ETFs shed $60.22 million on Thursday, a second straight day of outflows led by BlackRock's ETHA at $44.39 million and Grayscale's ETHE at $18.28 million, while Fidelity's FETH added $2.44 million. Ether products have bled funds on 10 of 11 trading days this month, a cumulative $861.77 million per the Ethereum ETF record. A separate report on cross-border flows, meanwhile, found the United States acting as a net Bitcoin importer, with 53,200 Bitcoin (BTC) in institutional inflow.

Price Holds Near $82,000

Spot trading kept Bitcoin at $82,067 at the time of writing, a 1.24% gain over 24 hours. COINOTAG's composite scoring, which grades each level out of 100 from the indicators stacked there, puts the strongest support at $81,440, rated 85, and the strongest resistance at $84,618, rated 89. The relative strength index reads 49.08, the MACD signal is bearish, and the broader trend remains an uptrend. Perpetual funding runs at 0.0063% and the account long/short ratio stands at 1.65, with 62.2% of accounts long against 37.8% short. Reclaiming the $84,618 band is the first test for a fuller recovery, and detailed Bitcoin technical analysis tracks both levels daily.

Shorts Pay Up on Binance

The derivatives market leaned the other way through the session. CryptoQuant analyst Darkfost noted that Binance's Bitcoin (BTC) perpetual funding rate slipped to -0.0073%. Funding rates are the periodic payments between perpetual traders that keep contract prices near spot; a negative rate means bearish positions pay to stay open, and Darkfost read the figure as strengthening demand for downside exposure across the broader derivatives market. He connected the caution to United States consumer and producer inflation readings that both came in above forecasts, reviving concern the Federal Reserve could add another rate increase, and to Bitcoin's recent sharp retreat from above $87,000. His levels to watch sit at $80,000 and $74,000, and he argued that concentrated short positioning has often preceded trend reversals rather than extended declines. Separate seven-day data on top-trader positioning shows shorts holding 80% of positions with $48 million in unrealized losses, the same skew from another angle. What Thursday's $5.06 million print cannot establish is whether durable institutional demand, of the kind built through strategic Bitcoin reserve accumulation in earlier cycles, has actually returned; it shows only that a single day's redemptions stopped.