After a week of strong inflows, the United States experienced significant outflows from spot Bitcoin 
$96,305 exchange-traded funds (ETFs) on October 22. During this period, total inflows exceeded $2.6 billion. However, the ARKB fund managed by Ark and 21Shares witnessed a notable outflow of $79 million on October 22.
Withdrawals Follow a Successful Week
According to SoSoValue data, total net outflows from the spot Bitcoin ETFs in the U.S. reached $79.09 million on October 22. All of these outflows came from the ARKB fund. In contrast, BlackRock’s IBIT fund saw a net inflow of $42.98 million, while Fidelity’s FBTC fund recorded an inflow of $8.85 million. VanEck’s HODL fund also experienced an inflow of $3.82 million. The other eight funds reported zero flow throughout the day.
The $79 million net outflow on October 22 reduced the total net inflows of 12 spot ETFs to $21.15 billion. Daily trading volume also declined to $1.4 billion, down from the previous day’s $1.76 billion.
Ethereum ETFs Reflect Limited Yet Positive Activity
In addition to spot Bitcoin ETFs, there was also activity in spot Ethereum 
$3,578 ETFs. On October 22, spot Ethereum ETFs saw a total net inflow of $11.94 million, all attributed to BlackRock’s ETHA fund. The other eight ETFs reported zero net inflow.
Spot Ethereum ETFs experienced a total trading volume of $118.4 million, showing a decrease compared to the previous day’s $163.18 million. The price of ETH, as of writing, was trading at $2,611, reflecting a decline of 0.99%. Since their launch, spot Ethereum ETFs have recorded total net outflows of $488.85 million.
