Bitcoin and Ether prices fell in the October 23 market snapshot amid heavy outflows from U.S. spot crypto ETFs a day earlier. The report placed Bitcoin at $81,652 and Ether at $2,403, each down about 1.3% over 24 hours. Total crypto market value was estimated at $2.843 trillion.
The report attributed the ETF figures to SoSoValue data and said spot Bitcoin funds recorded $635 million in net outflows on October 22, while spot Ether funds saw $111 million leave. These are dated figures from the cited report, not live prices or evidence that selling will continue.
Where Bitcoin and Ether ETF outflows came from
According to the report, BlackRock’s iShares Bitcoin Trust (IBIT) accounted for about $254 million of the Bitcoin ETF outflows. Morgan Stanley’s MSBT recorded an inflow of $2.33 million, but it was not enough to offset withdrawals elsewhere in the category.
For Ether products, BlackRock’s iShares Ethereum Trust (ETHA) accounted for roughly $75.45 million of the reported $111 million net outflow. The report also cited net outflows from funds linked to Solana and Hyperliquid, although their totals were smaller than those for Bitcoin and Ether.
ETF flows are one measure of demand for regulated market exposure. They do not capture every spot-market transaction, and a single day’s figures may reflect portfolio rebalancing, profit-taking or changes in risk appetite. They provide context but cannot, by themselves, explain price movements.
Why liquidations amplified the price moves
The same market update cited approximately $374 million in crypto liquidations over 24 hours, with long positions accounting for most of the total. Liquidations occur when leveraged positions are forcibly closed after margin requirements are no longer met. They can amplify a rapid move, but the aggregate figure does not establish what triggered the initial decline.
Market-data providers can report different figures because their snapshots, exchange coverage and calculation methods vary. Readers should check timestamps and methodology before comparing prices, flows or liquidation totals across dashboards.
What to watch next
Useful follow-up indicators include whether ETF flows stabilise over several sessions, whether spot-market liquidity improves and whether broader macroeconomic conditions continue to pressure risk assets. These indicators can help explain the market environment, but none reliably predicts the next move in Bitcoin or Ether.
BlockBriefing previously reported a one-day rebound in U.S. spot Bitcoin ETF flows on October 19. Comparing that earlier inflow with the reported October 22 outflow illustrates how quickly daily flows can reverse. A sustained trend requires more than one session of data.
Source and data limits
- Coin Edition — 24-hour crypto market recap, October 23, 2026. The report cites SoSoValue for ETF flows and CoinGlass for liquidations.
Related coverage: U.S. spot Bitcoin ETFs record $526 million in daily inflows on October 19.
This article is for informational purposes only and is not investment advice. Crypto assets are volatile, and leveraged trading can result in substantial losses.
