Bitcoin ETFs Rebound With $526M—Why Is BTC Price Still Weak?

TLDR U.S. spot Bitcoin ETFs attracted $526.6 million on October 19, their highest daily inflow since September 22. BlackRock’s IBIT received $665.2 million, while Fidelity and Grayscale reported combined withdrawals of $138.5 million. October’s net ETF outflows narrowed to approximately $90.5 million following Monday’s recovery. Ethereum ETFs recorded $103.3 million in withdrawals, extending their losing streak to four trading sessions. Bitcoin remained near $81,500 on Tuesday despite the recovery in spot ETF inflows. U.S. spot Bitcoin ETFs received $526.6 million in net inflows on Monday, October 19, marking their strongest daily intake since September 22.

Source: CoinCentral