Institutional Demand Drives Bitcoin Rally: $442M ETF Inflow Highlights Growth

A surge in institutional demand is fueling Bitcoin’s price rally. Spot Bitcoin ETFs saw a record inflow of $442 million on April 24th, driven by BlackRock’s iShares Bitcoin Trust (IBIT), which accounted for nearly $327 million of this total. This marks a significant shift in sentiment as it reflects renewed confidence from institutional investors.