Bitcoin spot ETFs experienced a significant capital influx yesterday, recording a combined net inflow of $131 million. Leading this surge, the BlackRock IBIT ETF attracted a substantial $92.83 million in net new investments, underscoring investor confidence in regulated crypto exposure. This robust inflow highlights growing institutional interest in Bitcoin spot ETFs as a strategic asset class within diversified portfolios. Market participants are increasingly favoring these instruments for their transparency and regulatory compliance, which provide a more accessible gateway to Bitcoin without direct asset custody. The inflow data reinforces the ongoing trend of mainstream adoption and capital allocation towards digital asset investment vehicles, signaling a maturation phase in the crypto investment landscape.
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Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etfs-see-131-million-net-inflow-led-by-blackrock-ibits-92-83-million-surge/