Bitcoin ETFs Shed $635 Million as Inflow Streak Ends
<p class="text-left mb-4 ">U.S. spot Bitcoin ETFs ended a three-day inflow streak with substantial withdrawals. The funds recorded $635.49 million in net outflows on Thursday, October 22. Ethereum, Solana, and Hyperliquid funds also saw withdrawals, while XRP products attracted fresh capital.</p><p class="text-left mb-4 ">Combined data for <a href="https://jrkripto.com/tr/bitcoin-etfs" target="_blank" rel="noreferrer" class="text-primary underline">Bitcoin</a>, Ethereum, XRP, Solana, and Hyperliquid show approximately $758.83 million in net outflows. This calculation covers only ETFs tracking those five assets. It therefore does not represent the entire U.S. crypto ETF market.</p><p class="text-left mb-4 ">Bitcoin funds recorded the largest withdrawals of the day. Ethereum ETFs followed with $110.50 million in net outflows. Together, funds tracking the two largest cryptocurrencies lost $745.99 million.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">BlackRock and Fidelity lead Bitcoin ETF outflows</h2><p class="text-left mb-4 ">Market data show that BlackRock’s IBIT recorded $254.05 million in net outflows. Fidelity’s FBTC followed with withdrawals of $217.46 million. Together, the two funds accounted for approximately 74% of daily net Bitcoin ETF outflows.</p><p class="text-left mb-4 ">ARK Invest and 21Shares’ ARKB also recorded $109.43 million in withdrawals. Grayscale’s GBTC lost $29.53 million, while Bitwise’s BITB saw $27.35 million leave. Morgan Stanley’s MSBT moved in the opposite direction, attracting $2.33 million.</p><p class="text-left mb-4 ">Farside Investors’ table shows a similar distribution across the same funds. However, Farside puts total daily net outflows at $635.6 million. Although the two data providers report slightly different figures, both show the same direction.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">One day of withdrawals erased much of the three-day recovery</h2><p class="text-left mb-4 ">Bitcoin ETFs had started the week strongly. According to Farside, the funds attracted $526.7 million in net inflows on October 19. They then added $23.2 million on October 20 and $524.8 million on October 21.</p><p class="text-left mb-4 ">Total inflows across those three sessions reached approximately $1.075 billion. Thursday’s withdrawals erased roughly 59% of that amount. Nevertheless, the first four trading days of the week still generated $439.1 million in net inflows.</p><p class="text-left mb-4 ">The comparison highlights the difference between daily flows and the weekly picture. Despite Thursday’s sharp reversal, earlier inflows have not disappeared entirely. Friday’s flows will determine where the weekly total ends.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Ethereum’s brief recovery ends</h2><p class="text-left mb-4 ">Ethereum ETFs also returned to outflows on October 22. Daily figures sourced from SoSoValue show net withdrawals of $110.50 million. Farside’s calculation for the same session stands at $110.6 million.</p><p class="text-left mb-4 ">In Farside’s table, BlackRock’s ETHA led withdrawals with $75.5 million. ETHB recorded $17.2 million in outflows, while Grayscale’s ETHE lost $9.6 million. Grayscale’s ETH fund also saw withdrawals of $10.7 million.</p><p class="text-left mb-4 ">Meanwhile, Fidelity’s FETH attracted $2.4 million in net inflows. That amount was insufficient to offset withdrawals from the other products.</p><p class="text-left mb-4 ">Ethereum funds had attracted $14.9 million in net inflows during the previous session. The latest withdrawals brought total net outflows across the week’s first four days to $225.1 million. Ethereum therefore diverged from Bitcoin, which retained net inflows over the same period.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">XRP attracts inflows as Solana and Hyperliquid see withdrawals</h2><p class="text-left mb-4 ">XRP ETFs recorded $3.55 million in net inflows on October 22. Solana funds lost $8.51 million, while Hyperliquid funds saw withdrawals of $7.88 million. Among these five assets, XRP was the only category to finish with positive net flows.</p><p class="text-left mb-4 ">However, XRP’s inflows remained far below the withdrawals across the other four categories. Bitcoin and Ethereum accounted for the bulk of outflows within the group. The latest figures show that early-week Bitcoin ETF demand failed to persist on Thursday, while altcoin fund flows diverged.</p>