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Spot Bitcoin ETFs saw $635M outflows on Oct 22, led by BlackRock's IBIT with $254M withdrawn.

Market News
23 Oct 2026
Crypto Briefing
View Source
Neutral
Spot Bitcoin ETFs saw $635M outflows on Oct 22, led by BlackRock's IBIT with $254M withdrawn.

On October 22, US spot Bitcoin ETFs experienced a significant outflow of $635 million, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $254 million of the withdrawals. This reversed a strong inflow trend from the previous three days, where these funds had gained over $1 billion. Despite the outflows, the overall trend since the ETFs' launch in January 2024 remains positive, with cumulative inflows nearing $57-$58 billion and total assets between $100-$109 billion. The Bitcoin price remained stable between $82,000 and $85,000, suggesting that the market absorbed the selling pressure without major price disruption. Investors will watch if this outflow is a temporary blip or a sign of changing institutional demand.

The recent outflow of $635 million from US spot Bitcoin ETFs provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 23, 2026 11:31 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell today. Notable movers include ENJ (Enjin Coin) at Rp483 with a 1-day change of -3.50% and Pluang order activity of 90% Sell / 10% Buy, FIL (Filecoin) at Rp17.798 with a 1-day change of -3.21% and order activity of 24% Sell / 76% Buy, and ZIL (Zilliqa) at Rp38 with a 1-day change of -2.69% and order activity of 22% Sell / 78% Buy.

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