Bitcoin spot ETFs saw a massive influx of $2.7 billion this week, signifying renewed investor confidence in the cryptocurrency market. This strong performance is attributed to factors like sustained Bitcoin prices and growing institutional interest. Notably, BlackRock’s leadership in buying Bitcoin ETFs contributed significantly to these inflows. The anticipation surrounding the potential launch of XRP ETFs is also fueling excitement across the crypto market. Reports indicate that several major issuers, including Bitwise, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Canary, have recently submitted S-1 amendments for SEC approval of spot XRP ETFs, which could further accelerate growth within the market.