Bitcoin ETFs Surge with $4.6 Billion Inflows as Market Reaches New All-Time High

After months of declining, U.S. Bitcoin Exchange Traded Funds (ETFs) have seen a dramatic turnaround, attracting over $4.6 billion in just two weeks, marking the biggest inflow surge ever, according to The Week On-chain newsletter. This recent influx is fueled by rising interest from institutions and a strong performance of spot Bitcoin ETFs, especially BlackRock’s IBIT, which saw a record-breaking $970.9 million in net inflows within a single trading session. These developments come as Bitcoin prices surge past the $97,000 mark, hitting an all-time high.