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US Spot Bitcoin ETFs Lose $635 Million on October 22

US spot Bitcoin ETFs lost $635 million on October 22, according to SoSoValue data. BlackRock's iShares Bitcoin Trust (IBIT) was the largest source of the outflow, with $254 million in redemptions. This sharp reversal follows a few days of inflows, with IBIT alone attracting $528 million in the previous three days. The October 22 outflow was larger than the $235 million inflow from the previous day, indicating a significant shift in investor sentiment.

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