Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100
Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus.
Investors pulled $635.49 million from US spot Bitcoin (BTC) exchange-traded funds (ETFs) on October 22. The money left before BTC fell far enough to hit the level where ETF holders have historically sold hardest. A day earlier, the same funds had taken in $528.40 million.
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October 23, 2026, 4:34 amThe significant outflow from Bitcoin ETFs highlights potential volatility in institutional sentiment, raising questions about market stability.
October 23, 2026, 4:22 amBitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus.
The Wall Street sell-off extended to Asian equities on Friday morning, with South Korea's Kospi down 2.3% and Japan's Nikkei 225 down 1.6%.
Japan’s core inflation rose above the Bank of Japan’s (BOJ) 2% target in September for the first time in nine months. That strengthens the case for a rate hike in December, when the Federal Reserve (Fed) is also expected to move. The BOJ is expected to hold next week.
Bitcoin-focused preferred stocks could draw more income-seeking capital into cryptocurrency purchases, a new Fidelity analysis suggests. The firm sees room for growth within the $150 trillion global fixed-income market, with investment outcomes tied to bitcoin’s performance and issuer strength.
BIT Asset Management’s Bitcoin Fund ETF is expected to begin trading on SIX Swiss Exchange in November, with its public offering restricted to Switzerland.
Bitcoin’s Bull Score Index has dropped from 80 to 60 since late September, a new analysis shows. The decline signals a slowing trend as the index sits at a threshold the analyst associates with positive momentum.
The contrasting inflows highlight investor confidence in Bitcoin over Ethereum, potentially influencing future market dynamics and investment strategies.
Bitcoin ETFs recorded outflows during seven of eight major selloffs, challenging expectations that Wall Street investors would support prices during downturns.
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