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

U.S. spot Bitcoin ETFs took in $526.6 million on October 19, the highest daily inflow since September 22. BlackRock's IBIT drew $665.2 million while Fidelity and Grayscale combined for $138.5 million in withdrawals. October's net ETF outflows narrowed to roughly $90.5 million. Ethereum ETFs saw $103.3 million in withdrawals, extending their losing streak.