U.S. Bitcoin Funds Post $635.6 Million in One-Day Outflows
Key Facts
U.S. spot Bitcoin funds recorded net outflows of $635.6 million on Oct. 22, 2026, according to Farside Investors’ flow table, exceeding the $528.4 million in inflows the previous day, The Block reported. On Oct. 23, available data showed a further $137.9 million in outflows, according to Farside. The moves coincided with a decline in Bitcoin’s price in EL7 data, from $84,093.42 at the close on Oct. 21 to $81,416.09 on Oct. 22. The price then closed at $81,189.43 on Oct. 23 and $80,782.01 on Oct. 24. The price decline and outflows occurred over a similar period, but the figures do not establish that fund flows alone caused the price drop.
Outflows on Oct. 22 were concentrated in the largest funds listed in the table: $254.1 million left IBIT and $217.5 million left FBTC, while ARKB recorded outflows of $109.4 million. By contrast, MSBT attracted $2.3 million in inflows in the same session. On Oct. 23, $110.3 million left IBIT and $31.8 million left FBTC, while $4.2 million flowed into MSBT, according to a data snapshot published via ASIC.tools based on Farside. The Oct. 23 total was provisional at the time of review because the VanEck HODL fund entry had not been reported. The $137.9 million figure therefore was not a final, complete total for that session.
The outflow wave followed net inflows of $526.7 million on Oct. 19, $23.2 million on Oct. 20 and $524.8 million on Oct. 21, according to Farside’s table. The Block said flows remained positive for the week through Oct. 22, at $442.7 million, despite Thursday’s outflows reversing the previous day’s inflows. In a broader snapshot covering Oct. 19-23, reported net flows were positive by $301.2 million, according to ASIC.tools, but remained provisional because HODL data for Oct. 23 was missing. These figures differ according to the period covered and the data available when each reading was compiled. They show that the two days of outflows did not erase the inflows recorded at the start of the week, though they reduced them.
Bitcoin fund moves coincided with a broader decline in U.S. stocks on Friday, Oct. 23, as the S&P 500 fell 0.5%, the Dow Jones 1.2% and the Nasdaq Composite 0.2%, according to the Associated Press. In energy markets, Brent crude rose 3.1% to $116.72 a barrel, its highest level since June 2022, the news agency reported. Prices had risen from less than $97 a barrel at the start of October. The moves formed part of a market backdrop marked by pressure on stocks and higher oil prices during the same period that Bitcoin fell and its funds recorded outflows. The available facts do not show a direct causal link between oil or stock movements and fund flows.
The Federal Reserve was scheduled to conclude a two-day meeting the following Wednesday, with rates expected to remain unchanged after being raised at the September meeting, according to the Associated Press. The news agency said markets were expecting another increase at the December meeting. The personal consumption expenditures price index report for September was also due on Thursday; economists expected inflation to rise to 3.7% from 3.4% in August, while the Federal Reserve targets 2%. The PCE reading is the central bank’s preferred inflation gauge, according to the news agency. These dates and expected data releases were the next key events on the economic calendar when the report was prepared.