U.S. spot Bitcoin exchange-traded funds have attracted more than $1 billion over three consecutive trading sessions, reversing recent withdrawals even as Bitcoin retreated toward $82,000 after approaching $85,000.
Summary
- U.S. spot Bitcoin ETFs attracted approximately $528 million on October 21, according to SoSoValue.
- Three consecutive trading sessions delivered roughly $1.08 billion in net inflows following two weeks of withdrawals.
- BlackRock’s IBIT received $235 million on Wednesday, while Fidelity’s FBTC attracted approximately $213 million.
- Bitcoin retreated toward $82,000 after briefly trading above $84,700, with technical indicators showing mixed momentum.
- CryptoQuant analysis identified a $77,120 cost basis for newer Bitcoin whales, placing their average holdings close to current prices.
According to SoSoValue’s ETF data, the funds received approximately $528 million on October 21, bringing their combined inflows since Monday to roughly $1.08 billion and returning October’s cumulative flows to positive territory.
Bitcoin ETF inflows cross $1 billion after two weeks of withdrawals
Wednesday’s purchases followed $526.7 million in net inflows on October 19 and approximately $23.2 million the following session, according to Farside Investors’ records.
BlackRock’s iShares Bitcoin Trust led the latest session with $235 million, followed by Fidelity’s Wise Origin Bitcoin Fund at $212.7 million. Grayscale’s Bitcoin Trust attracted $32.6 million, while Bitwise’s BITB received $19.2 million.
The buying followed two difficult weeks for U.S. Bitcoin funds. Products recorded $228.4 million in withdrawals during October 12–16, after losing approximately $678.9 million the previous week.
As crypto.news reported on October 17, the latest weekly withdrawals were concentrated in Bitcoin and Ethereum products, with Ether funds accounting for $320.1 million of the combined losses.
October 7 had delivered another difficult session, when Bitcoin ETFs suffered $484.9 million in withdrawals, their largest daily outflow since June.
The latest buying brought October’s reported net inflows to approximately $461 million. That monthly figure compares cumulative purchases and redemptions, while the daily numbers describe transactions completed during individual trading sessions.
Ether, Solana and XRP funds return to positive flows
Investor demand was not limited to Bitcoin products on Wednesday. U.S. spot Ether ETFs attracted approximately $15 million, ending five consecutive trading sessions of withdrawals.
Solana-linked funds recorded roughly $585,000 in net purchases after a 13-session outflow streak, while XRP ETFs received around $709,000.
The figures were modest compared with Bitcoin’s intake, although the return to positive flows interrupted recent selling across several cryptocurrency investment products.
Ether funds had already recorded substantial losses during October. Previous ETF withdrawal data showed that U.S. Ethereum products lost more money than Bitcoin funds during the week ending October 16.
Daily ETF flows measure net capital entering or leaving investment products through share creation and redemption activity. They do not directly identify whether investors expect cryptocurrency prices to rise or establish how individual purchases affected the spot market.
Bitcoin price retreats after brief rally toward $85,000
Bitcoin climbed to an intraday high near $84,777 on October 21 before surrendering those gains. By October 22, BTC traded around $81,963, declining approximately 1.20% over 24 hours.
According to crypto.news market data, daily trading volume stood near $37.2 billion, while the cryptocurrency retained a 1.64% gain over seven days.
The price retreat followed renewed resistance between $85,000 and $87,000. Immediate support remained around $80,000, with $78,000 emerging as the next level if selling continued.
Technical readings presented a mixed picture. The Klinger Oscillator stood at 158, above its signal line at -206, suggesting improving volume-related buying activity.
However, the Know Sure Thing indicator remained at 3.4587, below its 14.1729 signal line, pointing to weaker medium-term momentum.
Crypto analyst Ali Martinez identified a TD Sequential sell signal near $85,000, followed by a 2.8% correction. He subsequently reported a buy signal near $82,000, although the indicator does not guarantee a recovery.
— Ali Charts (@alicharts) October 22, 20262/5 As Bitcoin approached $85,000, the TD Sequential flashed a sell signal. A 2.80% correction followed, bringing $BTC back toward $82,000.
Now the same indicator has flashed a buy signal, suggesting the pullback may be nearing its end, and a rebound could follow. pic.twitter.com/kS13dQoR3k
Bitcoin on-chain metrics show pressure on newer holders
CryptoQuant contributor Amr Taha identified differences between Bitcoin’s current price and the average acquisition costs of several investor groups.
His October 22 analysis placed the realized price of Binance deposit addresses at $64,200, compared with $77,120 for newer whales. At $82,000, the latter group’s holdings stood approximately 6.3% above their estimated cost basis.
Long-term whale holders and miner whales had considerably lower realized prices of $46,400 and $51,820, respectively.
Taha reported Bitcoin’s 365-day UTXO Block P/L Count Ratio at 13.6, close to its November 2022 reading of 11.92, when BTC traded around $16,000.
The analyst separately placed Bitcoin’s 30-day realized capitalization change at positive $12.93 billion, below the $40 billion recorded in October 2025 and the $64 billion registered in July of that year.
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