Key Takeaways
- • U.S. spot Bitcoin ETFs recorded $635.6 million in net outflows on October 22, 2026, ending a three-day streak of inflows, according to the primary source.
- • BlackRock's iShares Bitcoin Trust alone saw $254.1 million withdrawn that day.
- • The average acquisition cost for these funds and related corporate treasuries is reported between $80,000 and $81,500, so a daily close below $80,000 could leave holdings underwater.
- • Trading volume in the ETFs remains low, with recent activity well below year-ago levels, signaling cautious investor sentiment.
Summary
The source report places the average acquisition cost for these funds and related corporate treasuries between $80,000 and $81,500. A daily close below $80,000 could therefore push holdings into unrealized losses, a dynamic that may weigh on sentiment among holders who entered at higher levels.
Trading volume in the ETFs remains low, with recent activity significantly below levels seen a year earlier. The subdued volumes point to cautious investor positioning amid ongoing Bitcoin price fluctuations.
The article was published alongside market data from Pluang, an Indonesian trading platform, showing that 37 of 50 major cryptocurrencies rose and 12 fell on October 23, 2026, as of 15:51 WIB. Notable movers included BAL (+11.14%), EOS (+8.13%), and DOT (+7.72%), with 89% buy-order activity, though these figures relate to Pluang's own platform rather than the U.S. ETF market.
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