Thursday, October 22: $81,409.3 (-3.17%)
Friday, October 23: $81,168.0 (-0.30%)
Saturday 24 Oct: $80,870.5 (-0.37%)
Sunday 25 Oct: $80,405.1 (-0.58%)
ETF flows (Farside, US Spot BTC ETFs)
Top 5 BTC ETFs by BTC held (Bitbo, 21 Oct, before the 22-23 Oct outflows)
Top BTC treasury companies (latest filed or reported holdings)
Software updates
Bitcoin supply and holdings
What it means
BTC closed at $80,405.1 on 25 Oct, a 4.37% decline from the close on 21 Oct at $84,078.1. Every daily close was above $80,000 in the window.
22 Oct was the worst day of the window, down 3.17% after a 2.6% drop in the Nasdaq on concerns about AI spending.
There was an outflow of -$635.6M from US spot BTC ETFs on 22 Oct, the largest outflow since 25 June, followed by -$137.9M on 23 Oct. In total, there was -$773.5M outflow in 2 days.
After 2 consecutive weeks of outflows, weekly ETF flows for 19-23 Oct showed an inflow of +$301.2M (provisional).
BTC fell to about $79,300 on 24 Oct, and recovered above $80,000 the same day. According to CoinGlass, about $240M worth of BTC was liquidated in the 24 hour period.
Strategy held 848,517 BTC (19 Oct filing) and reported no new purchases in this window.
Part of a seriesBitcoin closed at $84,078.1 on October 21 and finished October 25 at $80,405.1, a 4.37% decrease. Every daily close in the window remained above $80,000. On October 24, BTC dipped to about $79,300 intraday and recovered above $80,000 the same day, closing at $80,870.5. October 22 was the most volatile day of the window, with a 3.17% decrease. Large outflows from US spot ETFs on October 22 were associated with a sharp decline in the Nasdaq. Outflows from ETFs eased on October 23. The conclusion of the FOMC meeting on October 28 could provide further volatility.
Prices are UTC day closes (Investing.com matched with Twelve Data).
Open $84,079.0, high $84,362.3, low $80,931.6.
The Nasdaq declined 2.6%, its steepest daily drop since 5 June, on doubts about AI spending (BeInCrypto, CryptoTimes). QCP Capital pointed out credit stress in the Neocloud sector (DigitalToday). Oil was elevated following a Houthi attack on Saudi Arabia, with Brent crude trading above $100. Analysts warned against assuming a direct link to Bitcoin (Darkfost, via crypto.news).
Liquidations in the crypto space were approximately $400M+ in 24 hours (CoinGlass; counts vary by provider, $406M to $455M).
ETFs: -$635.6M, the largest single-day outflow since June 25. Funds: IBIT -$254.1M, FBTC -$217.5M, ARKB -$109.4M, GBTC -$29.5M, BITB -$27.4M, MSBT +$2.3M. It ended a three-day inflow run of more than $1B.
Open $81,408.8, high $82,018.1, low $80,500.0.
ETFs: -$137.9M (IBIT -$110.3M, FBTC -$31.8M, MSBT +$4.2M). Two-day outflows: -$773.5M.
Michael Saylor posted he was “Just resolving a few Bitcoin matters behind closed doors” on his X account, with no further purchase information (crypto.news).
Open $81,167.3, high $81,175.7, low $79,277.7. BTC dipped below $80,000 to around $79,300 and later recovered above it the same day.
CoinGlass shows $240M of BTC liquidations in 24 hours, mostly longs. $820.8M of all crypto liquidations were recorded (CryptoTimes, Coin-Turk). Thin weekend liquidity amplified the move.
There were no ETF flows during the weekend.
The lowest close of the window. Open $80,868.0, high $81,018.9, low $80,077.7. It traded above $80,000 the whole day.
There were no ETF flows during the weekend.
22 Oct: -$635.6M
23 Oct: -$137.9M
Net 22-23 Oct: -$773.5M
The week of 19-23 Oct: +$301.2M net, provisional (Mon-Wed: +$1,074.7M; Thu-Fri: -$773.5M). That ended a two-week outflow streak (TokenPost).
Cumulative net inflows are about $57.25B (crypto.news, 23 Oct).
IBIT: approx. 811,478 BTC
FBTC: approx. 176,390 BTC
GBTC: approx. 125,270 BTC
Grayscale Mini Trust: approx. 63,034 BTC
BITB: approx. 37,193 BTC
All 14 US Spot ETFs held about 1,289,954 BTC (about 6.42% of supply).
Strategy (MSTR): 848,517 BTC (8-K, 19 Oct, as of 18 Oct). It bought 267 BTC for about $22.1M that week, at an average cost of $75,446 per BTC. No new purchases were reported in this window.
Metaplanet: 44,000 BTC (30 Sep, CoinDesk)
Twenty One Capital (XXI): 43,514 BTC (latest reported, Q2 results)
Strive (ASST): 36,818 BTC (8-K, as of 16 Oct). It bought 4,045 BTC on 12-16 Oct at about $82,803.
MARA: 35,577 BTC (10-Q, 30 Jun)
Holdings dates differ because each company reports on its own schedule.
The Bitcoin Core 32.0 release notes are published on GitHub. The main changes include:
Faster block validation: input data is prefetched in parallel (8 threads by default)
A combined fee estimator that returns the lower of the mempool-based and block-history estimates.
By default, the main PSBT RPCs use PSBT version 2.
A fix so wallet names can no longer run commands by -walletnotify.
About 95.73% of the 21M supply is mined: about 20.10M BTC in circulation (20,103,046 on 23 Oct; CoinGecko 20.104M on 26 Oct) and about 897K to mine.
US Spot ETFs hold about 1.29M BTC, about 6.42% (21 Oct).
Public companies hold about 1.22M BTC, about 6.07% (BitcoinTreasuries, 21 Oct). Strategy alone is about 70% of that.
It’s estimated Satoshi mined about 1.1M BTC.
Retail (wallets under 1 BTC, a proxy) is about 1.4M BTC (14 Oct).
BTC held the $80,000 zone on the daily close, despite the sharpest outflow from the ETF since June. Weekly ETF flows showed an inflow of +$301.2M. Support is at $80,000, with the 24 Oct daily wick at $79,300 the level to watch. First resistance is at $81,000 and $81,445, then at $82,368 (20-day average per crypto.news). The next major event is the FOMC meeting on 28 Oct (18:00 UTC).
Data and sources: Prices from Investing.com and Twelve Data, ETF flows from Farside (cross-checked with SoSoValue-based reports), ETF holdings from Bitbo, treasuries from SEC filings, CoinDesk and ForkLog, supply from cryptoetf.today and CoinGecko, liquidations from CoinGlass.
India Crypto Research operates independently. The information presented herein is intended solely for educational and informational purposes and should not be construed as financial advice. Before making any financial decisions, it's essential to undertake your own thorough research and analysis. If you're uncertain about any financial matters, we strongly recommend seeking guidance from an impartial financial advisor.
