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U.S. Bitcoin ETFs see $635.6M outflow, reversing October gains and pushing net flows negative.

Market News
23 Oct 2026
Decrypt
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Bearish
U.S. Bitcoin ETFs see $635.6M outflow, reversing October gains and pushing net flows negative.

U.S. spot Bitcoin ETFs experienced a significant outflow of $635.6 million on Thursday, wiping out nearly 60% of the $1.07 billion inflows over the previous three days and turning October net flows negative by about $176 million. Ethereum and Solana ETFs also faced outflows, with Ethereum losing $110.6 million and Solana $8.9 million, deepening their monthly declines. Despite these outflows, Bitcoin prices remained stable near $81,460, with traders lowering the odds of a price surge above $87,500 this month. The market is in a cautious stance ahead of the Federal Reserve's upcoming meeting, with investors closely watching ETF flows as a sentiment gauge.

As of Oct 23, 2026 23:01 WIB, Bitcoin trades at Rp1.474.658.858 on Pluang with a slight 0.17% gain in the last day. Ethereum and Solana also show modest positive changes, with Ethereum up 0.44% and Solana up 0.29%. Despite the ETF outflows reported, typical hold times on Pluang remain long, at 112 days for Bitcoin and 108 days for Ethereum, indicating steady investor commitment.

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