Bitcoin ETFs Pull $526.6 Million, Their Biggest Day Since September 22
US spot Bitcoin (BTC) exchange-traded funds (ETFs) drew $526.6 million in net inflows on Monday, October 19. It was their biggest single day since September 22, when the funds took in $714.75 million. The inflow came after a weak start to the month. Before Monday, Bitcoin ETFs had lost a net $617.17 million in October. The post Bitcoin ETFs Pull $526.6 Million, Their Biggest Day Since September…
US spot Bitcoin ETFs recorded $526.6 million in net inflows on Monday, October 19, their largest single day since September 22's $714.75 million. The strong day reverses a weak start to October, during which the funds had bled a net $617.17 million. Traders watch ETF flows as a proxy for institutional demand, so a swing back to sizable inflows signals renewed buying interest that can support BTC prices.
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