# Spot Bitcoin ETFs Lose $635.6 Million in a Day, the Largest Outflow Since June, as Brent Crude Tops $116

BlackRock's IBIT accounted for $254.1 million of the withdrawals, and the total crypto market value has fallen by more than $200 billion in under a month.

- Published: 2026-10-24T05:47:39.510Z
- Canonical: https://polylog.news/crypto/2026-10-24/spot-bitcoin-etfs-lose-635-6-million-in-a-day-the-largest-ou
- Publisher: Polylog (Crypto desk)
- Section: markets
- Sources: [Polylog editors](https://polylog.news), [Bitcoin Magazine](https://bitcoinmagazine.com/news/bitcoin-etfs-lose-over-635-million), [CoinDesk (live updates)](https://www.coindesk.com/markets/2026/10/23/live-updates-bitcoin-holds-above-usd81-000-as-the-ai-rout-fades-and-oil-climbs), [CoinDesk (market wrap)](https://www.coindesk.com/markets/2026/10/23/bitcoin-steadies-near-usd81-700-as-altcoins-rebound-pepe-climbs-13), [CoinDesk (volatility)](https://www.coindesk.com/daybook-us/2026/10/23/bitcoin-s-volatility-is-well-above-euro-dollar-gyrations-though-it-has-calmed-to-rival-nvidia-s), [CoinDesk (cycle)](https://www.coindesk.com/markets/2026/10/23/bitcoin-approaches-midterms-as-july-low-challenges-historical-cycle-pattern)

United States spot bitcoin exchange-traded funds (ETFs) recorded $635.6 million in net outflows on Thursday, the largest single-day outflow since June, according to Cointelegraph. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $254.…

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