Quick answer: U.S. spot Bitcoin ETFs posted a $635.6 million net outflow on Oct. 22, 2026, per Farside Investors. It was the largest single-day Bitcoin ETF outflow since June 25, per SoSoValue, led by BlackRock’s IBIT ($254.1 million) and Fidelity’s FBTC ($217.5 million).
The money that rushed into Bitcoin funds this week just rushed back out. U.S. spot Bitcoin ETFs recorded a $635.6 million net outflow on Thursday, Oct. 22, 2026, according to Farside Investors. That is the largest one-day Bitcoin ETF outflow since June 25, per SoSoValue data cited by Yahoo Finance.
The reversal came one day after the funds took in $524.8 million. It also landed as Bitcoin slid below $81,000 during a broad sell-off in stocks.
Which Bitcoin ETFs saw the biggest outflows?
The two largest funds did most of the selling. BlackRock’s iShares Bitcoin Trust (IBIT) lost $254.1 million, and Fidelity’s FBTC lost $217.5 million, Farside data shows. Together they made up $471.6 million, or about 74% of the day’s total, TokenPost noted.
The rest of the list:
| Fund | Net flow on Oct. 22, 2026 |
|---|---|
| BlackRock IBIT | −$254.1 million |
| Fidelity FBTC | −$217.5 million |
| ARK 21Shares ARKB | −$109.4 million |
| Grayscale GBTC | −$29.5 million |
| Bitwise BITB | −$27.4 million |
| Morgan Stanley MSBT | +$2.3 million |
Morgan Stanley’s MSBT was the only fund with fresh money. The other funds had no net flow. IBIT’s outflow was also larger than its entire $235.0 million inflow from Oct. 21, so the fund gave back a full day of gains.
How big is a $635 million Bitcoin ETF outflow?
It is large for a single day, but small next to the asset base. The 12 funds held about $104.7 billion in total net assets on Oct. 22, per SoSoValue data reported by TokenPost Korea. So the outflow equals roughly 0.6% of assets.
Context matters more than size. The funds took in $526.7 million on Oct. 19, $23.2 million on Oct. 20 and $524.8 million on Oct. 21. Even after Thursday’s exit, the four sessions from Oct. 19 to Oct. 22 still netted about $439.1 million of inflows.
Cumulative net inflows since the January 2024 launch stand near $57.4 billion, Farside data shows. Ether funds also bled. U.S. spot Ether ETFs lost $110.6 million the same day, led by $75.5 million from BlackRock’s ETHA. We tracked that trend earlier in our report on October’s Ether ETF outflows.
Why did investors pull money from Bitcoin ETFs?
The selling followed price, not the other way round. Bitcoin fell from about $85,000 earlier in the week as AI spending doubts and Middle East headlines hit stocks. We covered that slide in our look at the Bitcoin ETF cost basis, which sits near $81,500.
Research from market maker DWF Labs, cited by Yahoo Finance, adds a useful rule of thumb. ETF selling tends to pick up once BTC closes about 7% below its 20-day high. In that case, average daily flows swing from about $74 million of inflows to $72 million of outflows.
By Binance daily closes, BTC ended Oct. 22 about 5.9% below its Oct. 4 high of $86,530. In other words, holders started to leave before that 7% line, near $80,470, was even hit.
What does the outflow mean for the Bitcoin price?
For now, the price is holding. BTC traded at $81,755 at 05:55 UTC on Oct. 23, down 1.1% in 24 hours, per CoinGecko. You can track it live on our Bitcoin price page.
Here is how we read the next few sessions. First, watch the 7% line. Once the Oct. 4 high leaves the 20-day window, the trigger drops to about $79,760, Yahoo Finance noted. A daily close below it would raise the odds of more redemptions.
Second, watch for a quick return of inflows. DWF found that flows usually hovered near zero the week after a 7% break and turned positive the week after that. However, the firm said its sample shows a pattern, not statistical proof.
Third, the Federal Reserve meets on Oct. 27–28. A hawkish surprise would pressure risk assets, and ETF flows tend to follow. Meanwhile, the network itself looks healthy, with Bitcoin hashrate at a seven-month high. Daily numbers are on our Bitcoin ETF flows tracker.
Bitcoin ETF outflow FAQ
How much did Bitcoin ETFs lose on Oct. 22, 2026?
U.S. spot Bitcoin ETFs had a net outflow of $635.6 million on Oct. 22, 2026, according to Farside Investors. SoSoValue put the figure at $635.5 million and called it the largest single-day outflow since June 25.
Which ETF led the Bitcoin ETF outflow?
BlackRock’s IBIT led with $254.1 million in redemptions, followed by Fidelity’s FBTC at $217.5 million and ARK 21Shares’ ARKB at $109.4 million, per Farside. Morgan Stanley’s MSBT was the only fund with an inflow, at $2.3 million.
Are Bitcoin ETFs still net positive this week?
Yes. Inflows of $526.7 million, $23.2 million and $524.8 million from Oct. 19 to Oct. 21, 2026, outweigh Thursday’s outflow. The four sessions together still show about $439.1 million of net inflows, per Farside data.
What Bitcoin price level could trigger more ETF selling?
DWF Labs research found ETF selling tends to accelerate when BTC closes about 7% below its 20-day high. As of Oct. 23, 2026, that line sat near $80,470 and could fall to about $79,760 as the window rolls, per Yahoo Finance.
Sources
- Farside Investors: Bitcoin ETF flow data
- Farside Investors: Ether ETF flow data
- Yahoo Finance (BeInCrypto): Bitcoin ETF holders pull $635 million
- TokenPost: U.S. spot Bitcoin ETFs lose $635.6 million as IBIT leads outflows
- TokenPost Korea: SoSoValue spot Bitcoin ETF data for Oct. 22
- CoinGecko: Bitcoin price
This article is for information only and is not financial advice. Crypto assets are volatile; do your own research (DYOR).
