US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence.
BlackRock's spot bitcoin ETF, iShares Bitcoin Trust (IBIT), has surpassed Grayscale to become the world's largest bitcoin fund with over $20 billion in assets.
Spot bitcoin ETFs record $107.91M in inflows for a 9th straight day, the longest run since mid-March, as demand for the successful new products continues.
BlackRock says sovereign wealth funds and pensions are having diligence conversations about Bitcoin ETFs, signaling growing institutional Bitcoin adoption despite recent outflows.
Bitcoin ETFs saw a remarkable $418 million net inflow this week, reversing last week's outflows and signaling renewed institutional confidence after Fidelity led the charge.
Bitcoin tops out price records again between major ETF inflows and new offerings in the UK. All signs point to increased financial acceptance worldwide.