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U.S. Bitcoin ETFs Record $635.6 Million Net Outflow on Oct. 22

The four sessions through Oct. 22 still netted $439.1 million. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) made up about 74% of Thursday’s net outflow.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in New York. / EconoTimes.ai (mono)
Pedestrians pass the New York Stock Exchange on Broad Street in New York. / EconoTimes.ai (mono)

A $635.6 million net outflow from U.S. spot Bitcoin (BTC) exchange-traded funds on Oct. 22 cut into three days of buying, leaving a four-session net inflow of $439.1 million, Farside Investors’ data show.

BlackRock’s iShares Bitcoin Trust (IBIT) had a $254.1 million net outflow, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) posted $217.5 million. Together, the funds accounted for $471.6 million, about 74% of Thursday’s net outflow.

Morgan Stanley’s MSBT was the only listed fund with a net inflow, adding $2.3 million. Grayscale Bitcoin Trust (GBTC) had a $29.5 million outflow, Bitwise Bitcoin ETF (BITB) recorded $27.4 million, and ARK 21Shares Bitcoin ETF (ARKB) had $109.4 million in net outflows.

The daily figures before Oct. 22 were $524.8 million in inflows on Oct. 21, $23.2 million on Oct. 20 and $526.7 million on Oct. 19. Those three sessions brought in $1.0747 billion in total before Thursday’s reversal.

EconoTimes previously covered the three-session Bitcoin ETF inflow through Oct. 21.

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