---
title: "Ether ETFs end five-day outflow streak as bitcoin funds draw $528 million"
description: "Spot ether ETFs ended a five-day run of outflows, while spot bitcoin ETFs took in $528 million on Wednesday with BlackRock and Fidelity leading what The Block described as a recovery in institutional demand. The Block reported the figures; no fund issuer statement was cited. Reported by The Block…"
language: en
canonical: "https://whycoinmoves.com/en/events/ethereum-bitcoin-etfs-draw-528-million-a67f0572858834"
published: 2026-10-22T10:01:25.000Z
updated: 2026-10-22T11:02:23.000Z
indexable: false
---

# Ether ETFs end five-day outflow streak as bitcoin funds draw $528 million

Spot ether ETFs ended a five-day run of outflows, while spot bitcoin ETFs took in $528 million on Wednesday with BlackRock and Fidelity leading what The Block described as a recovery in institutional demand. The Block reported the figures; no fund issuer statement was cited. Reported by The Block…

Attributed sources: [The Block](<https://www.theblock.co/news/markets/2026-10-22-bitcoin-etfs-draw-528-million-as-ether-funds-snap-five-day-outflow-streak-421904>)

## Key facts

Spot ether ETFs ended a five-day run of outflows, while spot bitcoin ETFs took in $528 million on Wednesday with BlackRock and Fidelity leading what The Block described as a recovery in institutional demand. The Block reported the figures; no fund issuer statement was cited.
Evidence strength: Single source, 1 publisher group(s) (The Block); this describes source coverage, not truth or causation.
After site detection, observed returns were 5 minutes: +0.04% (difference from BTC -0.04 pp; 22/10/2026, 10:01 → 22/10/2026, 10:06, UTC; Gate · USDT); 1 hour: -0.15% (difference from BTC -0.20 pp; 22/10/2026, 10:01 → 22/10/2026, 11:01, UTC; Gate · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.46% (OKX · USDT; cutoff 22/10/2026, 10:01, UTC). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | +0.04% | +0.08% | -0.04 pp | 22/10/2026, 10:01 → 22/10/2026, 10:06 | Gate · USDT |
| 1 hour | -0.15% | +0.04% | -0.20 pp | 22/10/2026, 10:01 → 22/10/2026, 11:01 | Gate · USDT |
| 24 hours | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.19% |
| 99th percentile of absolute hourly returns | 1.46% |
| BTC beta | 1.18 |
| Source / cutoff (UTC) | OKX · USDT / 22/10/2026, 10:01 |

## Claims and open questions

- The Block reported that spot bitcoin ETFs attracted $528 million on Wednesday, led by BlackRock and Fidelity.
- The Block reported that ether funds snapped a five-day outflow streak.
- How much flowed into ether ETFs on the day the streak ended, and which issuers accounted for it, would need fund-level flow data or issuer statements.
- Whether the bitcoin inflow figure reflects a single trading day's creation data or a revised total would need confirmation from the fund issuers or a filing.

## Source evidence

- [Bitcoin ETFs draw $528 million as ether funds snap five-day outflow streak](<https://www.theblock.co/news/markets/2026-10-22-bitcoin-etfs-draw-528-million-as-ether-funds-snap-five-day-outflow-streak-421904>) — The Block; published 22/10/2026, 09:56; received 22/10/2026, 10:01 (UTC).


## Recent ETH events and market reactions

- [Ethereum postpones Glamsterdam upgrade on Hoodi testnet over contract risk](<https://whycoinmoves.com/en/events/ethereum-ethereum-delays-glamsterdam-test-after-c241dfc26e7def>) — Published 23/10/2026, 04:59 (UTC) · Multiple publishers (2 publishers) · Project updates · 5m +0.18% / 1h +0.24%
- [Ethereum developers postpone Glamsterdam upgrade on Hoodi testnet](<https://whycoinmoves.com/en/events/ethereum-glamsterdam-hoodi-postponed-a213aec392a42f>) — Published 22/10/2026, 00:00 (UTC) · Official source (1 publisher) · General news · 5m -0.08% / 1h +0.06%
- [Drift exploit-linked wallets move Ether into Tornado Cash](<https://whycoinmoves.com/en/events/ethereum-drift-exploiter-sends-61m-eth-7f1895a41cb398>) — Published 20/10/2026, 12:38 (UTC) · Multiple publishers (2 publishers) · Security · 5m +0.01% / 1h -0.15% / 24h +2.97%
- [Bitmine adds 12,535 ETH, reaching 6.04 million tokens in treasury](<https://whycoinmoves.com/en/events/ethereum-42fcfa73d2eacc>) — Published 19/10/2026, 15:13 (UTC) · Multiple publishers (2 publishers) · General news · 1h -0.30%
- [JPMorgan deploys JPM Coin deposit token on Ethereum mainnet](<https://whycoinmoves.com/en/events/ethereum-89f5e80fa35d3b>) — Published 19/10/2026, 17:31 (UTC) · Multiple publishers (4 publishers) · General news · 5m -0.03% / 1h -0.39%
- [Full coin archive](<https://whycoinmoves.com/en/coins/ethereum>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.md>)
- [Crypto listing and delisting effects: an OKX price study](<https://whycoinmoves.com/en/research/exchange-listing-and-delisting-price-reactions.md>)
- [XRP lawsuit and Ethereum ETFs: reading SEC filings and rulings](<https://whycoinmoves.com/en/research/regulatory-filings-versus-media-headlines.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.
