Bitcoin exchange-traded funds (ETFs) experienced a historic surge, reaching an all-time high trading volume of $11.5 billion. This remarkable achievement coincided with Bitcoin’s price rebound to $85,000, fueled by strong institutional investment from companies like BlackRock and Fidelity. The surge in ETF activity reflects significant institutional interest in Bitcoin, signaling a shift in market dynamics. Bitcoin spot ETFs saw record trading volume as investors sought exposure to the cryptocurrency, resulting in immediate effects on the market. This unprecedented level of institutional participation has led to shifts in both outflows and inflows within the ETF space.