23 Oct 2026
US spot Bitcoin ETFs saw $635 million in net outflows on Thursday, the biggest one-day exit since June 25, according to SoSoValue data. The withdrawals ended a three-day inflow streak and left October with $175 million in net outflows, while BTC traded around $81,800.
US spot Bitcoin exchange-traded funds (ETFs) recorded $635 million in net outflows on Thursday, October 22, according to SoSoValue data cited by Cointelegraph. The withdrawals more than erased Wednesday’s $528 million of inflows and turned the month’s running total negative again.
The biggest daily outflow since June
Thursday’s figure was the largest single-day net outflow since June 25, when the funds lost $696 million. It also snapped a three-day inflow streak that had brought in $1.08 billion.
October now stands at $175 million in net outflows. The weekly picture is still positive, with $443 million of net inflows so far this week, after two straight weeks of outflows before the rebound.
Bitcoin price slips back from $84,777
Bitcoin traded between $80,996 and $82,551 on Thursday, down from Wednesday’s intraday high of $84,777. At the time of Cointelegraph’s report, BTC was near $81,783, down around 1% over 24 hours according to CoinGecko.
The ETF exit lines up with the price action we covered on Thursday, when bitcoin was turned back near $85,000 and slid below $82,000 as doubts about the AI trade hit risk assets. You can read that in our earlier story.
Altcoin ETFs mostly in the red too
Flows into other crypto ETFs were mostly negative on the day:
- Ether ETFs: about $111 million in net outflows.
- Solana ETFs: roughly $9 million out.
- Hyperliquid (HYPE) ETFs: about $8 million out.
- XRP ETFs: the exception, with around $3.6 million of inflows.
What it means for traders
- ETF flows are a sentiment signal, not a timing tool. One large outflow day after a three-day inflow run shows how fast institutional positioning can flip. Watch whether outflows continue on Friday before reading it as a trend, since the week as a whole is still net positive.
- The $81,000 to $82,500 area is the zone to watch. Bitcoin spent Thursday inside that range. If you trade breakouts or breakdowns around it, size positions so a fast move does not force a liquidation, and check margin and liquidation rules on your platform with our exchange comparison.
- Altcoin ETF flows were weaker than bitcoin’s in relative terms for ether, while XRP drew small inflows. If you rotate between majors, compare spot and futures fees on exchanges such as BingX and OKX, and see how we rate platforms in our testing method.
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News is for information only and is not financial advice. More crypto news
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