Bitcoin Spot ETF Inflows Reach $71 Million: Signals Renewed Institutional Confidence

Recent data shows a significant influx of money into Bitcoin spot exchange-traded funds (ETFs), indicating renewed confidence from institutional investors. Fidelity and ARK Invest stand out as major contributors, fueling positive flows for the third consecutive day. BlackRock’s ETF, on the other hand, experienced outflows, presenting a contrasting view of the market dynamics.