Billions Flow into Spot Bitcoin ETFs as Investors See Potential Growth

Spot Bitcoin exchange-traded funds (ETFs) in the US have seen a significant surge in investment, reaching over $41 billion in just a few months. This surge coincides with a rebound in Bitcoin’s price, which has climbed from $75,000 to $100,000. Experts attribute this bullish trend to investors seeking direct exposure to the potential growth of Bitcoin prices, rather than relying on price arbitrage strategies.