U.S. spot Bitcoin ETFs shed a net $635.6 million on Thursday, wiping out nearly 60% of the roughly $1.07 billion inflow from the previous three sessions. That pushed October's net flows back into a loss of about $176 million, after the funds had reached roughly $460 million in inflows on Wednesday. Ethereum ETFs lost $110.6 million, lifting their October outflows to about $1.18 billion, while Solana ETFs shed $8.9 million. Prices barely moved, with Bitcoin near $81,460, while traders on Myriad, a prediction market, cut the odds of Bitcoin topping $87,500 this month to 17%.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/22/2026 | 81,416.09 |
| Change that session | -3.18% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/22/2026 | 2,389.14 |
| Change that session | -3.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Bitcoin ETFs bleed $635M as October slides back into the red
US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, ending a three-day inflow streak that had drawn $1.08 billion and pushing October's net flows to $175 million in outflows, according to SoSoValue data. It was the largest single-day outflow since June 25, when Bitcoin ETFs lost $696 million. Weekly net inflows still totaled $443 million after two consecutive weeks of outflows. Bitcoin was trading at about $81,783, down roughly 1% over 24 hours according to CoinGecko. Most altcoin ETFs also saw negative flows: Ether ETFs lost about $111 million, while XRP ETFs attracted about $3.6 million.
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U.S. spot Bitcoin ETFs drew $526.7 million on Oct. 19, their largest single-day inflow since $714.7 million on Sept. 22, ending two weeks of selling that shed about $910 million. BlackRock's IBIT took in $665.2 million, while Fidelity's FBTC lost $83.6 million and Grayscale's GBTC lost $54.9 million, cutting October's net outflows to roughly $88 million from about $615 million. Ethereum ETFs lost $103 million and Solana ETFs $6.7 million the same day, while Bitcoin hovered near $82,000, close to the $82,300 average cost basis estimated for ETF holders. The article links the broader pressure to expected Federal Reserve rate hikes, citing a 3.7% CPI rise over 12 months, a 20.4% jump in energy prices, and a 10-year Treasury yield above 5% that competes with yield-free Bitcoin.
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