The recent inflow of around $65 million into US spot Bitcoin ETFs marks the sixth consecutive day of positive net flows, reflecting surging institutional interest.
BlackRock's iShares Bitcoin Trust has emerged as the largest spot Bitcoin ETF with $20 billion in assets under management, highlighting major institutional backing.
Despite the influx into multiple Bitcoin ETFs, Grayscale's Bitcoin Trust has experienced substantial outflows of $28.4 million, indicating a shift towards more economical options.
The cumulative net inflow of $250 million into US spot Bitcoin ETFs this week signifies a renewed institutional confidence following a prolonged period of subdued interest.
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