Bitcoin ETFs Face Tough Week, but Schwab Clients Stay Active

This week, Bitcoin ETFs in the US faced a tough time with over $1. 2 billion leaving these funds. On Friday alone, the eleven spot Bitcoin ETFs saw $366. 6 million flow out. BlackRock's iShares Bitcoin Trust had the biggest loss, with $268. 6 million leaving. Fidelity and Grayscale also saw big outflows. This was not a good week for Bitcoin ETFs, with only one small inflow on Tuesday. Bitcoin's price also dropped, falling from over $115, 000 on Monday to below $104, 000 by Friday. This crash wiped out more than $10, 000 in value. Despite this, Charles Schwab noticed something interesting. Their clients own 20% of all crypto ETFs in the country. CEO Rick Wurster said clients have been very active, with visits to their crypto site up 90% in a year. Schwab offers crypto ETFs and Bitcoin futures and plans to add spot crypto trading in 2026. October has not been kind to Bitcoin this year. Usually, Bitcoin gains in ten out of the last twelve Octobers, but this month it has lost 6%. However, analysts believe the trend could still turn around, with gains often coming in the second half of the month.