Bitcoin ETFs See Significant Inflows as Institutional Appetite Grows

The crypto market is gaining momentum, with a resurgence in demand for Bitcoin ETFs. The U.S. spot Bitcoin ETF has recorded $506.51 million in daily net inflows over the last trading session, indicating a boost in institutional appetite.

BlackRock's IBIT fund led the inflow with $297.37 million in fresh capital, accounting for over 58% of the total inflow. This brings its total net assets to $52.50 billion.