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Bitcoin

Bitcoin ETFs Post Worst Outflow Since June, But Week Stays Green

Image: CoinCentral

TLDR US spot Bitcoin ETFs recorded $635 million in outflows on October 22, their largest daily withdrawal since June. October’s net flows turned negative at approximately $175 million after Wednesday’s $528 million inflow. BlackRock’s IBIT led the withdrawals with $254 million, reversing its previous day’s gains. Ether, Solana and HYPE funds recorded outflows, while XRP ETFs attracted approximately $3.6 million. Bitcoin ETFs retained about $443 million in weekly net inflows through Thursday despite the sharp reversal. US spot Bitcoin ETFs recorded $635 million in net withdrawals on October 22, reversing a short recovery and pushing October’s total flows below zero. The decline followed three consecutive sessions of investor deposits, according to SoSoValue data covering US-listed spot funds. These figures cover completed trading sessions.

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