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US spot bitcoin ETFs: flows and holdings

On 21 October 2026, US spot bitcoin ETFs had net flows of +$524.8M; +$997.4M over the last 5 trading days and +$58B since launch in January 2024. The 12 funds hold 1,309,593 BTC.

Flows: Farside Investors (22 Oct 2026, 19:30 London) · holdings: bitcointreasuries.net (22 Oct 2026, 13:35 London) · the latest day may be preliminary · CSV

Daily net flows per fund, total since launch and how much BTC the funds hold.

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English · 1 min

What Is a Bitcoin ETF? Explained Simply

What a spot Bitcoin ETF is, the January 2024 US approval, fund shares vs your own keys, fees and trade-offs. Not investment advice.

Transcript, takeaways & FAQ →

Flows summary and every US spot ETF

Flow on 21 Oct
+$524.8M
5 days · 15 Oct – 21 Oct
+$997.4M
20 days · from 24 Sep
+$733.7M
Since launch
+$58,024M
TickerBTCFee5d flowCumulative
IBIT BlackRock811,115 BTC0.25%+$875.1M+$66,498M
FBTC Fidelity184,058 BTC0.25%+$122.1M+$10,597M
GBTC Grayscale131,528 BTC1.5%−$22.3M−$27,966M
BTC Grayscale62,874 BTC0.15%+$0.6M+$2,947M
BITB Bitwise38,189 BTC0.2%+$8.9M+$2,054M
ARKB ARK Invest / 21Shares35,026 BTC0.21%+$9.8M+$1,209M
HODL VanEck14,767 BTC0.2%$0M+$1,008M
MSBT Morgan Stanley10,436 BTC0.14%$0M+$800M
BRRR CoinShares6,410 BTC0.25%$0M+$329M
EZBC Franklin Templeton6,331 BTC0.19%+$7.3M+$335M
BTCO Invesco / Galaxy5,113 BTC0.25%−$4.1M+$136M
BTCW WisdomTree3,746 BTC0.25%$0M+$78M

Farside Investors (22 Oct 2026, 19:30 London) · bitcointreasuries.net (22 Oct 2026, 13:35 London) · fees checked 14 Oct 2026, 10:00 London

Popular comparisons all 66 pairs →

FAQ

How much Bitcoin do US spot ETFs hold?
About 1,309,593 BTC across 12 funds according to bitcointreasuries.net as of 22 Oct 2026, 13:35 London.
What was the latest daily flow?
+$524.8M on 2026-10-21 according to Farside Investors; the latest day may be preliminary until every fund reports.
Which Bitcoin ETF is the cheapest?
MSBT at 0.14% a year. The most expensive is GBTC (1.5%).
What does an ETF 'flow' mean?
The net money that went into or out of a fund on a day: new shares created minus shares redeemed. An inflow means the fund bought BTC, an outflow means it sold.
Which bitcoin ETF has the biggest inflows?
Over the last 5 trading days, IBIT (+$875.1M); since launch, IBIT (+$66.5B). Per Farside Investors as of 21 October 2026.
When are ETF flows published?
Farside Investors publishes each fund's net flow for every US trading day. Issuers report at different times, so the latest day may be preliminary until every fund reports. Our last pull: 22 Oct 2026, 19:30 London.
IBIT vs FBTC vs GBTC: what's the difference?
All three hold spot bitcoin. Yearly fee: IBIT (BlackRock) 0.25%, FBTC (Fidelity) 0.25%, GBTC (Grayscale) 1.5%. Holdings: IBIT 811,115 BTC, FBTC 184,058 BTC, GBTC 131,528 BTC (bitcointreasuries.net). Side by side: IBIT vs FBTC, GBTC vs IBIT and FBTC vs GBTC in the comparisons section.
Latest day · 21 Oct 2026
+524.8m
single-day net flow, all funds
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Last 5 trading days · 15–21 Oct
+997.4m
Last 20 trading days: +733.7m
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Net inflow since launch (Jan 2024)
+58,024m
Discuss
BTC held by US spot ETFs
1,309,593 BTC
7d change: +5,078 BTC
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Daily net flows, last 60 trading days ($m)
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1000500-500-10002026-07-29: +32.1m2026-07-30: +233.1m2026-07-31: −265.4m2026-08-03: +170.1m2026-08-04: +211.5m2026-08-05: +244.4m2026-08-06: +137.6m2026-08-07: +101.7m2026-08-10: −144.6m2026-08-11: +7.8m2026-08-12: −61.1m2026-08-13: −131.1m2026-08-14: −56.2m2026-08-17: +297.5m2026-08-18: +189.3m2026-08-19: +517.2m2026-08-20: +606.3m2026-08-21: +307.5m2026-08-24: +337.6m2026-08-25: +314.3m2026-08-26: +232.2m2026-08-27: +242.3m2026-08-28: −201.9m2026-08-31: +216.7m2026-09-01: −236.5m2026-09-02: +101.1m2026-09-03: +730.8m2026-09-04: +174.6m2026-09-08: −46.6m2026-09-09: −120.2m2026-09-10: −282.7m2026-09-11: −13.2m2026-09-14: +159.9m2026-09-15: −450.4m2026-09-16: −295.9m2026-09-17: +159.5m2026-09-18: +433.0m2026-09-21: +999.0m2026-09-22: +714.7m2026-09-23: +346.9m2026-09-24: +190.7m2026-09-25: +134.5m2026-09-28: +31.0m2026-09-29: +66.2m2026-09-30: −148.7m2026-10-01: +102.7m2026-10-02: +189.9m2026-10-05: −89.8m2026-10-06: +118.8m2026-10-07: −484.9m2026-10-08: −244.1m2026-10-09: +21.1m2026-10-12: −65.4m2026-10-13: +175.7m2026-10-14: −261.4m2026-10-15: +5.1m2026-10-16: −82.4m2026-10-19: +526.7m2026-10-20: +23.2m2026-10-21: +524.8m07-2908-1208-2609-1009-2410-08
Cumulative net flows since launch ($m)
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0k31k63k202420252026
Daily flows by fund ($m)
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DateIBIT FBTC BITB ARKB BTCO EZBC BRRR HODL BTCW MSBT GBTC BTC Total
21 Oct 2026+235.0+212.7+19.2+9.80.0+7.30.00.00.00.0+32.6+8.2+524.8
20 Oct 2026+29.9+3.6−10.30.00.00.00.00.00.00.00.00.0+23.2
19 Oct 2026+665.2−83.60.00.00.00.00.00.00.00.0−54.90.0+526.7
16 Oct 2026−71.8−10.60.00.00.00.00.00.00.00.00.00.0−82.4
15 Oct 2026+16.80.00.00.0−4.10.00.00.00.00.00.0−7.6+5.1
14 Oct 2026−110.9−152.7+2.20.00.00.00.00.00.00.00.00.0−261.4
13 Oct 2026+65.9+103.10.00.00.00.00.00.00.0+6.70.00.0+175.7
12 Oct 2026−65.40.00.00.00.00.00.00.00.00.00.00.0−65.4
9 Oct 2026+22.4−3.60.00.00.00.00.0+2.30.00.00.00.0+21.1
8 Oct 2026−5.5−197.1−17.7−20.30.0+4.70.00.00.00.0−8.20.0−244.1
Since launch+66,498+10,597+2,054+1,209+136+335+329+1,008+78+800−27,966+2,947+58,024
BTC held811,115184,05838,18935,0265,1136,3316,41014,7673,74610,436131,52862,8741,309,593

A spot bitcoin ETF is a fund on the stock exchange that holds real bitcoin. Inflow means investors bought fund shares and the fund bought BTC; outflow means the opposite. GBTC's large negative total is mostly the 2024 exit from Grayscale's older, more expensive trust.

Figures in US$ millions. The latest day can be preliminary until all funds report.

Flows: Farside Investors · 2026-10-22 18:30 UTC · Holdings: bitcointreasuries.net · 2026-10-22 12:35 UTC

Snapshot, not advice.

Bitcoin ETFs in Asia: Thailand

What Thai investors can buy today, what changes on 16 October, and how crypto is taxed.

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Rules in force from
16 Oct 2026

Rules for locally listed spot crypto ETFs take effect on 16 Oct 2026. No Thai bitcoin ETF is approved or trading yet: each issuer still needs SEC product approval, a SET listing and a licensed custodian.

New SET-listed crypto ETF rules

  • Bitcoin and Ether only at first; passive funds tracking one asset with at least 80% average net exposure per year
  • Coins held only by SEC-regulated digital-asset custodians
  • Listed and traded only on the Stock Exchange of Thailand (SET); open to retail after a risk-acknowledgement step
  • No margin loans from brokers to buy crypto ETFs
  • Retail still cannot buy foreign crypto ETFs or depositary receipts on them through Thai brokers (institutions and UHNW only)

Bitcoin funds that exist now

FundManagerRegisteredStructureNet assets
ONE-BTCETFOF-UIOne Asset Management (ONEAM)7 Jun 2024Fund of funds: 2+ US spot BTC ETFs, max 79% in any one; FX unhedgedMgmt 0.535%/yr; total expenses ≈0.83%฿658m
MBTCETF-UIMFC Asset Management11 Jun 2024Feeder into a single fund: iShares Bitcoin Trust (IBIT)฿2.70bn
KT-BTCETFFOF-UIKrungthai Asset Management (KTAM)12 Dec 2024Fund of funds: 2+ foreign BTC ETFs, max 79% in any one; discretionary FX hedge; min. ฿10,000฿137m

All three are 'UI' funds: not for retail, only institutional and ultra-high-net-worth investors. Risk level 8+. They are bought through the asset manager or its selling agents at NAV, not on the SET. Net assets per Finnomena, checked 11 Oct 2026.

Retail access since 2025

Since 16 Jan 2025 ordinary retail mutual funds may hold crypto via ETFs or foreign funds, capped at 5% of NAV; funds for UHNW investors may hold crypto ETFs without a limit.

Tax

Ministerial Regulation No. 399 (5 Sep 2025): no personal income tax on gains from selling crypto through SEC-licensed Thai exchanges, brokers or dealers, for income from 1 Jan 2025 to 31 Dec 2029. It does not cover foreign exchanges, mining or staking. ETF and fund units are securities, so check their tax treatment separately.

Crypto for tourists

TouristDigiPay: an 18-month SEC sandbox launched 18 Aug 2025. Foreign tourists convert crypto to baht through a licensed Thai operator into an e-money wallet; merchants receive baht, never crypto. Operator applications ran 25 Sep – 26 Dec 2025; we found no public list of live approved operators yet.

For comparison: Hong Kong

Hong Kong listed Asia's first spot bitcoin and ether ETFs on 30 Apr 2024, open to retail, with in-kind subscriptions. Spot BTC ETFs: ChinaAMC (3042), Bosera HashKey (3008), Harvest (3439). Combined assets are small next to the US: about $279m on 8 Oct 2026.

Listed in Asia without an ETF: Metaplanet (Tokyo 3350)

Japan has no spot bitcoin ETF yet, so many investors there hold Metaplanet shares instead: Asia's largest corporate bitcoin holder (also traded in the US as MTPLF). It is a company, not a fund: its price can trade above or below the value of its bitcoin (mNAV).

Metaplanet page: holdings, mNAV, 210,000 BTC goal →Strategy (MSTR) →