The month of April saw a surge in investment in Bitcoin Exchange-Traded Funds (ETFs) in the US, with $1.97 billion flowing into these funds.
This influx marks the highest level of investment in Bitcoin ETFs so far this year and reverses the initial decline seen at the start of the year.
However, it's not just Bitcoin that has seen a boost in investments. Other cryptocurrencies such as Ether, XRP, and Dogecoin have also seen significant investments in their respective ETFs.