U.S. Bitcoin exchange-traded funds (ETFs) experienced a notable rebound, recording $240 million in net inflows on November 6th, ending a six-day outflow trend. This increase indicates growing institutional confidence in the crypto market. Several major players like BlackRock, Fidelity, and Ark Invest have seen significant asset inflows into their respective Bitcoin ETFs, notably BlackRock’s iShares Bitcoin Trust which garnered $112.44 million. These inflows are contributing to a positive shift in Bitcoin prices, with ETF holdings now totaling $135.43 billion, surpassing the $100,000 support level. This suggests a significant realignment of financial resources within the industry. Institutional participation in Bitcoin is bolstering its standing, potentially influencing broader adoption and regulatory perspectives positively.