Inflows into Spot Bitcoin ETFs Reached $1.7B Last Week
Spot Bitcoin ETFs have been experiencing an unprecedented rise in popularity, as evidenced by six weeks of consecutive inflows totaling a significant $1.7 billion.
This trend reflects a growing confidence among both institutional and retail investors in the spot ETF market for the leading digital asset.
With this recent surge in capital, the overall net assets of spot Bitcoin ETFs now stand at $95.4 billion, making up roughly 5.27% of Bitcoin’s total market capitalization, currently valued at approximately $1.8 trillion.
This surge in spot ETFs not only solidifies their status as a popular investment option, but also signals a shift in the perception of digital assets as an important component of the global financial landscape.