Spot Bitcoin ETFs attract $1.42B in strongest week since early October

Spot Bitcoin Exchange-Traded Funds (ETFs) experienced a major resurgence in investor interest, securing a massive inflow of $1.42 billion during the latest reporting period. This substantial capital injection represents the strongest week of performance for the newly established funds since early October, signaling robust institutional appetite for the digital asset. The inflow data indicates that buying pressure has significantly outweighed continuing outflows from legacy products like the Grayscale Bitcoin Trust (GBTC), driving overall net positive accumulation in the sector. The renewed demand is largely attributed to sustained success from key players, particularly BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Trust (FBTC), which continue to set inflow records. Market analysts suggest that positive macroeconomic data, coupled with Bitcoin’s intrinsic momentum ahead of anticipated market events, has restored confidence among traditional financial institutions. This committed capital flow through ETF vehicles underscores the maturation of Bitcoin as an asset class and is expected to provide substantial support for market stability and future price growth.

Source: Spot Bitcoin ETFs attract $1.42B in strongest week since early October