Bitcoin ETFs Draw $526.7 Million, Erasing Prior Week's Outflows

U.S. spot Bitcoin (BTC) exchange-traded funds drew $526.7 million on Monday, Oct. 19, more than reversing the previous week's withdrawals, while spot Ether (ETH) funds lost $103.3 million in net flows. BlackRock's iShares Bitcoin Trust (IBIT) took in $665.2 million, making it the only Bitcoin fund with a net inflow. The overall gain was smaller because Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded an $83.6 million outflow and Grayscale Bitcoin Trust (GBTC) recorded a $54.9 million outflow. The other nine Bitcoin funds had no net flow. Ether funds moved in the opposite direction.

Source: TokenPost