Bitcoin ETFs See $2.71 Billion in Inflows, Reflecting Institutional Interest

Last week witnessed a significant surge of $2.71 billion in inflows for Bitcoin Exchange-Traded Funds (ETFs), indicating a growing investment interest from institutional players like BlackRock amidst the current market momentum. This influx reflects investor confidence in Bitcoin’s potential, signaling a possible upward trend in its valuation and suggesting increased involvement from institutional investors in the cryptocurrency sector.