At a glance
- The inflows came during a decline that was bitcoin's steepest in two weeks, following mixed earnings from Tesla and Meta Platforms that revived doubts about AI spending.
- The report does not break the $1 billion down by fund or split creations from redemptions, so allocators cannot tell whether the inflow was new money or rotation among products.
- Chinese stocks entered a bear market, Hong Kong's Hang Seng fell more than 3%, South Korea's Kospi lost 3.5% and Japan's Nikkei 225 slipped 2.7%.
Spot bitcoin ETFs took in more than $1 billion over the first three days of the week while bitcoin fell as much as 2.9% to below $82,000, CoinDesk reported Oct. 22, citing SoSoValue data.
The inflows came during a decline that was bitcoin's steepest in two weeks, following mixed earnings from Tesla and Meta Platforms that revived doubts about AI spending.
The report does not break the $1 billion down by fund or split creations from redemptions, so allocators cannot tell whether the inflow was new money or rotation among products.
Chinese stocks entered a bear market, Hong Kong's Hang Seng fell more than 3%, South Korea's Kospi lost 3.5% and Japan's Nikkei 225 slipped 2.7%. Nasdaq 100 futures fell 1.32% and S&P 500 futures 0.66%.
Altcoins fell harder; the CoinDesk 80 index lost 3.2% versus 2.5% for the CoinDesk 5, ether slid 2.6% to near $2,400, and the DeFi sector index dropped 5.6%, the steepest of the crypto gauges cited.
Solana's Alpenglow upgrade went live overnight, and SOL still fell 2.4% to around $104.
CoinDesk reported Oct. 22 that bitcoin's share of total crypto market value reached 60% while ETF flows stayed volatile. The full-week figure from the same SoSoValue series would show whether the $1 billion held through the selloff.
Reported by the Digital Assets desk from CoinDesk Policy and SoSoValue (via CoinDesk). Published . Updated Oct 24, 2026 · 7:18 p.m. ET. Corrections