Bitcoin spot ETFs saw their largest inflows in 2 weeks on Thursday, totaling $192.5M. The inflows helped push Bitcoin back above $60K after dipping below $50K earlier this week.
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.