Bitcoin ETFs See Massive Surge with $916.9M in Single-Day Flows, Fueled by Blackrock’s IBIT

Bitcoin exchange-traded funds (ETFs) experienced a significant surge of investor interest recently, with inflows reaching a record $916.9 million in a single day. BlackRock’s IBIT ETF led the charge, attracting a substantial portion of capital. This momentum marks the largest Bitcoin ETF inflow since January, and follows a four-day total of $2.3 billion, almost double the previous March’s best 10-day streak. Experts attribute this surge to increased interest from both retail and institutional investors. The rise in ETF inflows suggests anticipation of macroeconomic shifts or potential gains in the crypto market.