On Thursday, Bitcoin ETF saw a net outflow of $635 million, turning the capital flow for October back into negative again.

According to SoSoValue data, the US spot Bitcoin exchange-traded fund (ETF) recorded a net outflow of $635 million on Thursday, erasing the net inflow of $528 million from Wednesday, and bringing the cumulative net outflow for October to $175 million.

This is also the largest single-day net outflow since June 25th, when Bitcoin ETF experienced a net outflow of $696 million. This withdrawal also ended a three-day consecutive period of net inflows, during which a total of $1.08 billion in funds were attracted.

However, Bitcoin ETF still recorded a weekly net inflow of $443 million this week. Prior to that, these funds had experienced net outflows for two consecutive weeks before a rebound occurred.

On Thursday, Bitcoin fluctuated between $80,996 and $82,551, below the high of $84,777 reached during midday trading on Wednesday. According to CoinGecko data, at the time of publication, BTC was reporting around $81,783, representing a decline of about 1% in the past 24 hours.

Most altcoins, including ETF, also experienced negative capital flows on Thursday. Ethereum ETF saw a net outflow of approximately $111 million, Solana ETF had a net outflow of about $9 million, and Hyperliquid ( HYPE ) ETF had a net outflow of around $8 million. On the contrary, XRP ETF recorded a net inflow of about $3.6 million against the trend.