U.S. spot Bitcoin ETFs saw $635.6M outflows on Oct 22 after $524.8M inflows, signaling volatile investor sentiment.
U.S. spot Bitcoin ETFs experienced a sharp reversal with $524.8 million in inflows on October 21 followed by $635.6 million in outflows on October 22 and another $137.9 million withdrawn on October 23. Despite these withdrawals, the net inflow for the week from October 19 to 23 remained positive at $301.2 million. Major funds like BlackRock's IBIT and Fidelity's FBTC accounted for most of the outflows. The SEC's approval of in-kind Bitcoin redemptions since July 2025 means ETF withdrawals do not always trigger immediate Bitcoin sales, complicating the direct impact on Bitcoin's spot price, which traded around $80,000 to $82,000 during this period. Investors should watch upcoming fund flow data and Bitcoin price movements to gauge ongoing market sentiment.
U.S. spot Bitcoin ETFs experienced a sharp reversal with $524.8 million in inflows on October 21 followed by $635.6 million in outflows on October 22 and another $137.9 million withdrawn on October 23. Despite these withdrawals, the net inflow for the week from October 19 to 23 remained positive at $301.2 million. Major funds like BlackRock's IBIT and Fidelity's FBTC accounted for most of the outflows. The SEC's approval of in-kind Bitcoin redemptions since July 2025 means ETF withdrawals do not always trigger immediate Bitcoin sales, complicating the direct impact on Bitcoin's spot price, which traded around $80,000 to $82,000 during this period. Investors should watch upcoming fund flow data and Bitcoin price movements to gauge ongoing market sentiment.
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