Bitcoin ETFs Surge with $149 Million Inflow

The cryptocurrency market is witnessing a significant surge in interest for Bitcoin, as witnessed by the remarkable $149 million inflows into Spot Bitcoin ETFs over the past three days. This consistent upward trend signals growing confidence from both institutional and retail investors in the legitimacy of Bitcoin as an asset class within traditional finance. Analysis reveals this influx is driven by several factors including increasing DeFi activity and a rise in institutional investments.