On July 12, Nate Geraci, president of The ETF Store, highlighted on X that since the introduction of the US Bitcoin spot ETF in January 2024, there have been just seven instances where daily inflows surpassed $1 billion. Notably, two of these significant inflows occurred within the last 48 hours, indicating a recent surge in investor interest. The previous record before this period was on January 17, with inflows totaling $1.07 billion. This data underscores the growing traction of Bitcoin ETFs in the institutional investment landscape, reflecting a cautious yet increasing appetite for direct Bitcoin exposure through regulated financial products.
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Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-sees-rare-1-billion-inflows-only-seven-times-since-january-2024-launch/