Bitcoin ETFs Hit Record High as Institutional Demand Soars to $5.48 Billion

BlackRock and Fidelity led the charge with record-breaking Bitcoin ETF trading volume, exceeding $5.48 billion on Monday. This surge in activity is fueled by significant institutional inflows, particularly driven by BlackRock’s IBIT ETF which has attracted over $969.95 million in investments since October started. This marks a critical milestone for the Bitcoin ETF market as investors and institutions are increasingly embracing the asset.