Analysis: Bitcoin ETF Flows Reverse as Largest Single-Day Net Outflow Since June Sounds Demand Alarm
24/10/2026 03:50:01
Bollcoin, October 23: According to The Block data, U.S. spot bitcoin ETFs saw net outflows of $635.6 million on Thursday, the largest single-day net outflow since June. BlackRock's IBIT posted $254.1 million in net outflows, Fidelity's FBTC $217.5 million and Ark Invest and 21Shares' ARKB $109.4 million. Morgan Stanley's MSBT bucked the trend with $2.3 million in net inflows; since its launch in April this year, the fund has seen only single-day net outflows. In the market, bitcoin fell as low as about $81,500 on Friday, down 3.4% over the past 24 hours. The selloff in U.S. tech stocks spread to Asian markets, and combined with AI spending concerns and geopolitical tensions, weighed on crypto market performance.