U.S. spot Bitcoin ETFs recorded $635 million in net outflows on October 22, according to SoSoValue data reported by Odaily. BlackRock’s iShares Bitcoin Trust, or IBIT, saw $254 million in withdrawals, while other issuers accounted for approximately $381 million in redemptions. The day reversed more than $1 billion in inflows collected over the previous three days, including $528 million on October 21. Since their launch in January 2024, the funds have attracted net inflows of $57 billion to $58 billion, with total net assets estimated at $100 billion to $109 billion, while Bitcoin remained between $82,000 and $85,000 with minimal direct correlation to fund flows.
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