Spot Bitcoin ETFs see $635M outflows as BTC trades near $81K
Image: Crypto.newsU.S. spot Bitcoin ETFs recorded $635 million in net outflows on October 22. The withdrawals followed recent inflows into the funds. Bitcoin traded near $81,000 as the outflows occurred, with the reports citing $81,449.88 and $81,612.79. The outflows reversed recent positive momentum for the spot Bitcoin ETFs.
Key points
- U.S. spot Bitcoin ETFs recorded $635 million in net outflows on October 22.
- Bitcoin traded near $81,000 as the ETF outflows were reported.
- The outflows followed recent inflows into U.S. spot Bitcoin ETFs.
- The $635 million outflow reversed recent positive momentum for the spot Bitcoin funds.
Why it matters
The outflows erased recent inflows into spot Bitcoin ETFs. Bitcoin traded near $81,000 as the funds saw withdrawals.
What's unclear
The reports differ on prior inflows, with one saying three sessions totaling about $1.08 billion and the other saying two sessions totaling more than $1.05 billion.
The cause of Bitcoin's price decline is not established in the reports.
Price context · BTC
At publication
$80,831.00
Now
$80,892.00
Change since
+0.08%
7 days · dashed line = publication
Sources · 3 publishers
Bitcoin.com News
Tier 2
Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June
AMBCrypto
Tier 2
Bitcoin ETF outflows hit $635M as BTC price tests $81K support
Coverage timeline
- First reported by Crypto.news
- Also reported by Bitcoin.com News
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
