The reported $635.6M in U.S. spot Bitcoin ETF outflows on October 22, after $524.8M of inflows on October 21, points to a sharp one-day weakening in ETF demand and adds near-term downside pressure. It erased more than the prior day’s inflow and ended the three-day inflow streak, according to CoinBureau’s post.

The reported $635.6M in U.S. spot Bitcoin ETF outflows on October 22, after $524.8M of inflows on October 21, points to a sharp one-day weakening in ETF demand and adds near-term downside pressure. It erased more than the prior day’s inflow and ended the three-day inflow streak, according to CoinBureau’s post.

Bitcoin’s price history shows it falling from about $81,775 at 13:30 UTC on October 22 to about $80,000 by 18:05 UTC, then trading near $81,000 later that evening. That timing is consistent with selling pressure during the reported reversal, but does not establish that ETF flows caused the decline.

Nebraskangooner says ETF holders’ average cost was around $81,000, a level where some investors could sell near breakeven; treat that as the author’s interpretation, not a verified aggregate cost basis. The flow figures were not independently confirmed by the available sources.