Is Institutional Interest In Bitcoin Growing?

Scaramucci quoted Bloomberg analyst Eric Balchunas’ post on the strong growth of Wall Street-listed ETFs that track the spot price of Bitcoin, labeling it a “buying surge.”

Balchunas noted that the ETFs have attracted more than $1 billion in net inflows year-to-date, with total lifetime inflows reaching $58 billion, just $5 billion away from a new record.

Sign Of Resilience?

Inflows peaked at $62.8 billion in October 2025, with Balchunas pointing out their relative resilience amid the market slump.

“Half the battle with building a big boy category is to not lose too much in bad times so less hole to dig out of, and I can tell you right…

Read more on Benzinga