Bitcoin ETFs Surge Past $128 Billion in AUM: Institutional Interest Fuels Market Gains

The cryptocurrency market is witnessing significant growth, with spot Bitcoin ETFs surpassing $128 billion in assets under management (AUM). This surge reflects growing institutional investment and has sparked notable market reactions. BlackRock’s iShares Bitcoin Trust stands as a major player, holding approximately $54 billion in AUM. This landmark achievement highlights the increasing acceptance of Bitcoin among financial institutions, with experts citing increased interest from both institutional investors and state pensions.