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Bitcoin (BTC) Spot ETFs Take In $526.7 Million on Oct. 19

In a market snapshot, BTC traded between $81,724 and $83,470, below the $84,333 average cost for ETF investors.

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A gold coin rests inside a clear glass channel / TokenPost.ai (macro)
A gold coin rests inside a clear glass channel / TokenPost.ai (macro)

Bitcoin (BTC) traded between $81,724 and $83,470 in the market snapshot, below the $84,333 average cost for ETF investors. Spot Bitcoin exchange-traded funds recorded $526.7 million in net inflows Monday, Oct. 19.

Futures open interest on major exchanges rose 4.2% from its Oct. 12 low to 645,410 BTC. Funding rates moved toward normal levels as leveraged long positions recovered.

The Federal Reserve’s rate decision is scheduled for Wednesday, Oct. 28.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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