Bitcoin ETFs See $212 Million Inflows Over Eight Days, Signaling Institutional Confidence

Spot Bitcoin ETFs experienced a significant surge in inflows, demonstrating substantial institutional interest in the cryptocurrency market. Over eight days, these funds attracted net inflows of $212 million. BlackRock’s IBIT ETF emerged as the frontrunner, receiving over $430 million in inflows. While other major players like Grayscale and ARK Invest saw outflows, VanEck experienced gains. This suggests shifting investment preferences within the market.