Bitcoin Spot ETFs Attract $526.7M Inflows on October 19, BTC Climbs to $82.8K

BTC-1.54%

According to Farside Investors, US spot Bitcoin exchange-traded funds attracted $526.7 million in inflows on October 19, reversing an $82.4 million withdrawal from the previous session. BlackRock's IBIT led with $665.2 million in inflows. Bitcoin climbed to approximately $82,830 on October 19, marking a five-day high, though it remains below early-October's peak near $87,300.

The Federal Reserve will announce its policy decision on October 28. According to a Reuters survey of 100 economists released October 20, 94 expect rates to remain unchanged at 3.75%-4.00%, though economists anticipate another quarter-point increase in December amid persistent inflation.

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