{"id":132449,"date":"2026-10-24T13:09:45","date_gmt":"2026-10-24T11:09:45","guid":{"rendered":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/"},"modified":"2026-10-24T13:09:45","modified_gmt":"2026-10-24T11:09:45","slug":"bitcoin-etf-outflows-635-million-price-tests-81k-support","status":"publish","type":"post","link":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/","title":{"rendered":"Bitcoin ETF Outflows Reach $635M as Price Tests $81K Support"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Bitcoin ETF Outflows Reach $635 Million \u2013 Price Tests Crucial $81,000 Support Level<\/p>\n\n<span class=\"anchor\" id=\"key-takeaways\" title=\"Key Takeaways\"><\/span><h2 class=\"wp-block-heading\">Key Takeaways<\/h2>\n\n<ul class=\"wp-block-list\"><li>Spot Bitcoin ETFs recorded $635.5 million in single-day outflows on October 22, 2026.<\/li><li>BlackRock and Fidelity led the institutional withdrawals, erasing the momentum of previous positive trading sessions.<\/li><li>Bitcoin trades near the $81,000 price point, which serves as the average cost basis for US ETF investors.<\/li><li>Ethereum and Solana funds mirrored the selling pressure, while Zcash and XRP products registered net inflows.<\/li><\/ul>\n\n<span class=\"anchor\" id=\"institutional-withdrawals-erase-recent-market-gains\" title=\"Institutional Withdrawals Erase Recent Market Gains\"><\/span><h2 class=\"wp-block-heading\">Institutional Withdrawals Erase Recent Market Gains<\/h2>\n\n<p class=\"wp-block-paragraph\">On October 22, 2026, spot Bitcoin exchange-traded funds experienced their largest daily capital flight since June 2025. Investors withdrew a total of <strong>$635.5 million<\/strong> from these financial products in a single trading session. BlackRock\u2019s IBIT fund absorbed the heaviest losses, reporting outflows of $254.1 million. Fidelity\u2019s FBTC followed closely with $217.5 million in departing capital.<\/p>\n\n<p class=\"wp-block-paragraph\">ARK 21Shares\u2019 ARKB product saw $109.4 million exit the fund. Grayscale\u2019s GBTC and Bitwise\u2019s BITB also recorded negative flows of $29.5 million and $27.4 million, respectively. These five products accounted for nearly all of the daily selling pressure across the sector. Morgan Stanley\u2019s MSBT fund managed to secure a minor inflow of $2.3 million, which failed to offset the wider market trend.<\/p>\n\n<p class=\"wp-block-paragraph\">This massive capital exit abruptly reversed the positive momentum that had characterized the preceding trading days. Just prior to this event, spot Bitcoin ETFs had accumulated more than $1.05 billion over two sessions. One of those days included a massive $663 million intake, marking the highest single-day inflow in two months. The sudden shift from aggressive accumulation to heavy distribution highlights a rapid change in institutional sentiment.<\/p>\n\n<span class=\"anchor\" id=\"cost-basis-of-81000-acts-as-market-support\" title=\"Cost Basis of $81,000 Acts as Market Support\"><\/span><h2 class=\"wp-block-heading\">Cost Basis of $81,000 Acts as Market Support<\/h2>\n\n<p class=\"wp-block-paragraph\">The severe institutional outflows align with a period of price testing for the underlying asset. Bitcoin traded at <strong>$81,612.79<\/strong> as the withdrawal data became public. This represents a minor decline over a 24-hour period but contributes to a broader monthly drop exceeding 5 percent. The cryptocurrency now sits at a critical psychological and technical threshold.<\/p>\n\n<p class=\"wp-block-paragraph\">Blockchain analytics firm Glassnode identifies the $81,000 mark as the estimated cost basis for investors holding United States spot Bitcoin ETFs. The cost basis represents the average acquisition price for investors who gained exposure through these specific funds. This metric often serves as a pivot point for market behavior because investors tend to react defensively when prices approach their initial entry levels.<\/p>\n\n<p class=\"wp-block-paragraph\">Holding the price above $81,000 could provide the necessary support to stabilize the broader market. A sustained drop below this threshold risks triggering further negative sentiment. Investors who entered the market near this price point might choose to sell to prevent deeper losses, which would generate additional downward pressure on the asset.<\/p>\n\n<span class=\"anchor\" id=\"ethereum-and-solana-track-bitcoin-outflows\" title=\"Ethereum and Solana Track Bitcoin Outflows\"><\/span><h2 class=\"wp-block-heading\">Ethereum and Solana Track Bitcoin Outflows<\/h2>\n\n<p class=\"wp-block-paragraph\">The institutional withdrawal trend extended beyond Bitcoin and impacted several major alternative cryptocurrency funds. Data from SoSo Value indicates that Ethereum ETFs experienced substantial selling pressure, recording outflows of $110.50 million on the same day. Solana ETF products tracked a similar trajectory, shedding $8.51 million in investor capital. The Hyperliquid fund, trading under the ticker HYPE, also registered $7.88 million in net outflows.<\/p>\n\n<p class=\"wp-block-paragraph\">Not all crypto investment products suffered from this wave of capital flight. The newly launched Zcash ETF stood out by securing <strong>$14.23 million<\/strong> in positive inflows during the October 22 trading session. XRP-backed funds also managed to attract new capital, recording $3.55 million in daily inflows. These localized gains show that specific assets can still attract targeted investor interest even when the broader market faces heavy institutional selling.<\/p>\n\n<span class=\"anchor\" id=\"switzerland-approves-new-retail-bitcoin-fund\" title=\"Switzerland Approves New Retail Bitcoin Fund\"><\/span><h2 class=\"wp-block-heading\">Switzerland Approves New Retail Bitcoin Fund<\/h2>\n\n<p class=\"wp-block-paragraph\">While United States markets processed heavy liquidations, European regulators moved to expand retail access to digital assets. The Swiss Financial Market Supervisory Authority, known as FINMA, officially approved a new physically backed Bitcoin fund called BBIT. This product specifically targets retail investors rather than purely institutional participants.<\/p>\n\n<p class=\"wp-block-paragraph\">The BBIT fund is scheduled to begin trading on the SIX Swiss Exchange in November 2026. This regulatory approval introduces a regulated, physically backed avenue for Swiss investors to gain direct exposure to Bitcoin. The contrast between heavy American outflows and new European product launches illustrates the fragmented nature of global cryptocurrency market development.<\/p>\n\n<span class=\"anchor\" id=\"our-assessment\" title=\"Our Assessment\"><\/span><h2 class=\"wp-block-heading\">Our Assessment<\/h2>\n\n<p class=\"wp-block-paragraph\">The record $635.5 million exit from United States spot Bitcoin ETFs signals a clear shift in institutional positioning after a period of strong inflows. The concentration of these withdrawals among industry leaders like BlackRock and Fidelity shows that large-scale investors are rapidly adjusting their exposure. Bitcoin currently rests at a highly sensitive price point, matching the $81,000 average entry price for ETF participants.<\/p>\n\n<p class=\"wp-block-paragraph\">The market response at this specific $81,000 level will likely dictate near-term trading conditions. At the same time, the regulatory approval of a retail Bitcoin fund in Switzerland shows that product expansion continues globally despite regional market volatility.<\/p>\n\n\n\n<div class=\"gambling-disclaimer\">\n\t<p>\n\t\tWe have imposed strict editorial guidelines on ourselves and explain our testing methods openly and comprehensively. We also communicate transparently how our work is financed. This site may contain tracking links, but this does not influence our objective view in any way.\t<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Institutional investors withdrew $635.5 million from spot Bitcoin ETFs in a single day, erasing recent gains as Bitcoin tests a critical $81,000 support level.<\/p>\n","protected":false},"author":8,"featured_media":132448,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"tags":[],"news_crypto_coin":[],"class_list":["post-132449","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":{"faqs":null,"sort_number":999,"sort_number_no_override":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin ETF Outflows Hit $635M - BTC Tests $81K Support<\/title>\n<meta name=\"description\" content=\"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kryptocasinos.com EN\" \/>\n<meta property=\"og:description\" content=\"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/\" \/>\n<meta property=\"og:site_name\" content=\"Kryptocasinos.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kryptocasinoscomm\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-24T11:09:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1408\" \/>\n\t<meta property=\"og:image:height\" content=\"736\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Isabella Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Isabella Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/\"},\"author\":{\"name\":\"Isabella Brown\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#\\\/schema\\\/person\\\/badee6a5ed8b6777da5bd380d112bcdc\"},\"headline\":\"Bitcoin ETF Outflows Reach $635M as Price Tests $81K Support\",\"datePublished\":\"2026-10-24T13:09:45+02:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/\"},\"wordCount\":773,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#respond\"]}],\"description\":\"\",\"isAccessibleForFree\":true,\"articleBody\":\"Bitcoin ETF Outflows Reach $635 Million - Price Tests Crucial $81,000 Support Level\\n\\nKey Takeaways\\n\\nSpot Bitcoin ETFs recorded $635.5 million in single-day outflows on October 22, 2026.BlackRock and Fidelity led the institutional withdrawals, erasing the momentum of previous positive trading sessions.Bitcoin trades near the $81,000 price point, which serves as the average cost basis for US ETF investors.Ethereum and Solana funds mirrored the selling pressure, while Zcash and XRP products registered net inflows.\\n\\nInstitutional Withdrawals Erase Recent Market Gains\\n\\nOn October 22, 2026, spot Bitcoin exchange-traded funds experienced their largest daily capital flight since June 2025. Investors withdrew a total of $635.5 million from these financial products in a single trading session. BlackRock's IBIT fund absorbed the heaviest losses, reporting outflows of $254.1 million. Fidelity's FBTC followed closely with $217.5 million in departing capital.\\n\\nARK 21Shares' ARKB product saw $109.4 million exit the fund. Grayscale's GBTC and Bitwise's BITB also recorded negative flows of $29.5 million and $27.4 million, respectively. These five products accounted for nearly all of the daily selling pressure across the sector. Morgan Stanley's MSBT fund managed to secure a minor inflow of $2.3 million, which failed to offset the wider market trend.\\n\\nThis massive capital exit abruptly reversed the positive momentum that had characterized the preceding trading days. Just prior to this event, spot Bitcoin ETFs had accumulated more than $1.05 billion over two sessions. One of those days included a massive $663 million intake, marking the highest single-day inflow in two months. The sudden shift from aggressive accumulation to heavy distribution highlights a rapid change in institutional sentiment.\\n\\nCost Basis of $81,000 Acts as Market Support\\n\\nThe severe institutional outflows align with a period of price testing for the underlying asset. Bitcoin traded at $81,612.79 as the withdrawal data became public. This represents a minor decline over a 24-hour period but contributes to a broader monthly drop exceeding 5 percent. The cryptocurrency now sits at a critical psychological and technical threshold.\\n\\nBlockchain analytics firm Glassnode identifies the $81,000 mark as the estimated cost basis for investors holding United States spot Bitcoin ETFs. The cost basis represents the average acquisition price for investors who gained exposure through these specific funds. This metric often serves as a pivot point for market behavior because investors tend to react defensively when prices approach their initial entry levels.\\n\\nHolding the price above $81,000 could provide the necessary support to stabilize the broader market. A sustained drop below this threshold risks triggering further negative sentiment. Investors who entered the market near this price point might choose to sell to prevent deeper losses, which would generate additional downward pressure on the asset.\\n\\nEthereum and Solana Track Bitcoin Outflows\\n\\nThe institutional withdrawal trend extended beyond Bitcoin and impacted several major alternative cryptocurrency funds. Data from SoSo Value indicates that Ethereum ETFs experienced substantial selling pressure, recording outflows of $110.50 million on the same day. Solana ETF products tracked a similar trajectory, shedding $8.51 million in investor capital. The Hyperliquid fund, trading under the ticker HYPE, also registered $7.88 million in net outflows.\\n\\nNot all crypto investment products suffered from this wave of capital flight. The newly launched Zcash ETF stood out by securing $14.23 million in positive inflows during the October 22 trading session. XRP-backed funds also managed to attract new capital, recording $3.55 million in daily inflows. These localized gains show that specific assets can still attract targeted investor interest even when the broader market faces heavy institutional selling.\\n\\nSwitzerland Approves New Retail Bitcoin Fund\\n\\nWhile United States markets processed heavy liquidations, European regulators moved to expand retail access to digital assets. The Swiss Financial Market Supervisory Authority, known as FINMA, officially approved a new physically backed Bitcoin fund called BBIT. This product specifically targets retail investors rather than purely institutional participants.\\n\\nThe BBIT fund is scheduled to begin trading on the SIX Swiss Exchange in November 2026. This regulatory approval introduces a regulated, physically backed avenue for Swiss investors to gain direct exposure to Bitcoin. The contrast between heavy American outflows and new European product launches illustrates the fragmented nature of global cryptocurrency market development.\\n\\nOur Assessment\\n\\nThe record $635.5 million exit from United States spot Bitcoin ETFs signals a clear shift in institutional positioning after a period of strong inflows. The concentration of these withdrawals among industry leaders like BlackRock and Fidelity shows that large-scale investors are rapidly adjusting their exposure. Bitcoin currently rests at a highly sensitive price point, matching the $81,000 average entry price for ETF participants.\\n\\nThe market response at this specific $81,000 level will likely dictate near-term trading conditions. At the same time, the regulatory approval of a retail Bitcoin fund in Switzerland shows that product expansion continues globally despite regional market volatility.\\n\\n\\n\\n\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/\",\"name\":\"Bitcoin ETF Outflows Hit $635M - BTC Tests $81K Support\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg\",\"datePublished\":\"2026-10-24T13:09:45+02:00\",\"description\":\"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg\",\"contentUrl\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg\",\"width\":1408,\"height\":736,\"caption\":\"Open steel safe holding generic gold coins next to a digital screen showing a line chart.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/news\\\/bitcoin-etf-outflows-635-million-price-tests-81k-support\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin ETF Outflows Reach $635M as Price Tests $81K Support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/\",\"name\":\"Kryptocasinos.com\",\"description\":\"\",\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#organization\",\"name\":\"Kryptocasinos.com\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/kryptocasinos-com-logo.svg\",\"contentUrl\":\"https:\\\/\\\/www.kryptocasinos.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/kryptocasinos-com-logo.svg\",\"width\":109,\"height\":34,\"caption\":\"Kryptocasinos.com\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/kryptocasinoscomm\\\/\"],\"description\":\"Explore the best crypto casinos for %%currentyear%%. Compare top Bitcoin gambling sites by payouts, bonuses, KYC, and supported coins, with hands-on testing.\",\"address\":{\"@type\":\"PostalAddress\",\"streetAddress\":\"557 Fuk Wing St\",\"addressLocality\":\"Cheung Sha Wan\",\"addressRegion\":\"HK\",\"postalCode\":\"999077\",\"addressCountry\":\"CN\"},\"contactPoint\":{\"@type\":\"ContactPoint\",\"email\":\"contact@kryptocasinos.com\"},\"foundingDate\":\"2021-03-27\",\"email\":\"hello@kryptocasinos.com\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"11\",\"maxValue\":\"50\"},\"publishingPrinciples\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/editorial-guidelines\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/#\\\/schema\\\/person\\\/badee6a5ed8b6777da5bd380d112bcdc\",\"name\":\"Isabella Brown\",\"description\":\"Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.\",\"birthDate\":\"1995-02-13\",\"url\":\"https:\\\/\\\/www.kryptocasinos.com\\\/en\\\/author\\\/isabella\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin ETF Outflows Hit $635M - BTC Tests $81K Support","description":"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/","og_type":"article","og_title":"Kryptocasinos.com EN","og_description":"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.","og_url":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/","og_site_name":"Kryptocasinos.com","article_publisher":"https:\/\/www.facebook.com\/kryptocasinoscomm\/","article_published_time":"2026-10-24T11:09:45+00:00","og_image":[{"width":1408,"height":736,"url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg","type":"image\/jpeg"}],"author":"Isabella Brown","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Isabella Brown","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#article","isPartOf":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/"},"author":{"name":"Isabella Brown","@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/person\/badee6a5ed8b6777da5bd380d112bcdc"},"headline":"Bitcoin ETF Outflows Reach $635M as Price Tests $81K Support","datePublished":"2026-10-24T13:09:45+02:00","mainEntityOfPage":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/"},"wordCount":773,"commentCount":0,"publisher":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#organization"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#respond"]}],"description":"","isAccessibleForFree":true,"articleBody":"Bitcoin ETF Outflows Reach $635 Million - Price Tests Crucial $81,000 Support Level\n\nKey Takeaways\n\nSpot Bitcoin ETFs recorded $635.5 million in single-day outflows on October 22, 2026.BlackRock and Fidelity led the institutional withdrawals, erasing the momentum of previous positive trading sessions.Bitcoin trades near the $81,000 price point, which serves as the average cost basis for US ETF investors.Ethereum and Solana funds mirrored the selling pressure, while Zcash and XRP products registered net inflows.\n\nInstitutional Withdrawals Erase Recent Market Gains\n\nOn October 22, 2026, spot Bitcoin exchange-traded funds experienced their largest daily capital flight since June 2025. Investors withdrew a total of $635.5 million from these financial products in a single trading session. BlackRock's IBIT fund absorbed the heaviest losses, reporting outflows of $254.1 million. Fidelity's FBTC followed closely with $217.5 million in departing capital.\n\nARK 21Shares' ARKB product saw $109.4 million exit the fund. Grayscale's GBTC and Bitwise's BITB also recorded negative flows of $29.5 million and $27.4 million, respectively. These five products accounted for nearly all of the daily selling pressure across the sector. Morgan Stanley's MSBT fund managed to secure a minor inflow of $2.3 million, which failed to offset the wider market trend.\n\nThis massive capital exit abruptly reversed the positive momentum that had characterized the preceding trading days. Just prior to this event, spot Bitcoin ETFs had accumulated more than $1.05 billion over two sessions. One of those days included a massive $663 million intake, marking the highest single-day inflow in two months. The sudden shift from aggressive accumulation to heavy distribution highlights a rapid change in institutional sentiment.\n\nCost Basis of $81,000 Acts as Market Support\n\nThe severe institutional outflows align with a period of price testing for the underlying asset. Bitcoin traded at $81,612.79 as the withdrawal data became public. This represents a minor decline over a 24-hour period but contributes to a broader monthly drop exceeding 5 percent. The cryptocurrency now sits at a critical psychological and technical threshold.\n\nBlockchain analytics firm Glassnode identifies the $81,000 mark as the estimated cost basis for investors holding United States spot Bitcoin ETFs. The cost basis represents the average acquisition price for investors who gained exposure through these specific funds. This metric often serves as a pivot point for market behavior because investors tend to react defensively when prices approach their initial entry levels.\n\nHolding the price above $81,000 could provide the necessary support to stabilize the broader market. A sustained drop below this threshold risks triggering further negative sentiment. Investors who entered the market near this price point might choose to sell to prevent deeper losses, which would generate additional downward pressure on the asset.\n\nEthereum and Solana Track Bitcoin Outflows\n\nThe institutional withdrawal trend extended beyond Bitcoin and impacted several major alternative cryptocurrency funds. Data from SoSo Value indicates that Ethereum ETFs experienced substantial selling pressure, recording outflows of $110.50 million on the same day. Solana ETF products tracked a similar trajectory, shedding $8.51 million in investor capital. The Hyperliquid fund, trading under the ticker HYPE, also registered $7.88 million in net outflows.\n\nNot all crypto investment products suffered from this wave of capital flight. The newly launched Zcash ETF stood out by securing $14.23 million in positive inflows during the October 22 trading session. XRP-backed funds also managed to attract new capital, recording $3.55 million in daily inflows. These localized gains show that specific assets can still attract targeted investor interest even when the broader market faces heavy institutional selling.\n\nSwitzerland Approves New Retail Bitcoin Fund\n\nWhile United States markets processed heavy liquidations, European regulators moved to expand retail access to digital assets. The Swiss Financial Market Supervisory Authority, known as FINMA, officially approved a new physically backed Bitcoin fund called BBIT. This product specifically targets retail investors rather than purely institutional participants.\n\nThe BBIT fund is scheduled to begin trading on the SIX Swiss Exchange in November 2026. This regulatory approval introduces a regulated, physically backed avenue for Swiss investors to gain direct exposure to Bitcoin. The contrast between heavy American outflows and new European product launches illustrates the fragmented nature of global cryptocurrency market development.\n\nOur Assessment\n\nThe record $635.5 million exit from United States spot Bitcoin ETFs signals a clear shift in institutional positioning after a period of strong inflows. The concentration of these withdrawals among industry leaders like BlackRock and Fidelity shows that large-scale investors are rapidly adjusting their exposure. Bitcoin currently rests at a highly sensitive price point, matching the $81,000 average entry price for ETF participants.\n\nThe market response at this specific $81,000 level will likely dictate near-term trading conditions. At the same time, the regulatory approval of a retail Bitcoin fund in Switzerland shows that product expansion continues globally despite regional market volatility.\n\n\n\n"},{"@type":"WebPage","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/","url":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/","name":"Bitcoin ETF Outflows Hit $635M - BTC Tests $81K Support","isPartOf":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#primaryimage"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg","datePublished":"2026-10-24T13:09:45+02:00","description":"Spot Bitcoin ETFs recorded $635.5 million in daily outflows as the BTC price tests the critical $81,000 ETF investor cost basis support level.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#primaryimage","url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg","contentUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/10\/bitcoin-etf-outflows-635-million-price-tests-81k-support.jpg","width":1408,"height":736,"caption":"Open steel safe holding generic gold coins next to a digital screen showing a line chart."},{"@type":"BreadcrumbList","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/bitcoin-etf-outflows-635-million-price-tests-81k-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kryptocasinos.com\/en\/"},{"@type":"ListItem","position":2,"name":"Bitcoin ETF Outflows Reach $635M as Price Tests $81K Support"}]},{"@type":"WebSite","@id":"https:\/\/www.kryptocasinos.com\/en\/#website","url":"https:\/\/www.kryptocasinos.com\/en\/","name":"Kryptocasinos.com","description":"","inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.kryptocasinos.com\/en\/#organization","name":"Kryptocasinos.com","url":"https:\/\/www.kryptocasinos.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg","contentUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg","width":109,"height":34,"caption":"Kryptocasinos.com"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kryptocasinoscomm\/"],"description":"Explore the best crypto casinos for %%currentyear%%. 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