In a groundbreaking development in the world of bitcoin investments, newly launched spot Bitcoin Exchange-Traded Funds (ETFs) have rapidly amassed over 500,000 Bitcoin (BTC) within just 54 trading days. This rapid rise in bitcoin ETF inflows underscores the growing institutional interest in bitcoin and marks a significant milestone in the evolution of the market.

Bitcoin ETF Inflows: Rapid Accumulation

Since their launch in January 2024, nine new spot Bitcoin ETFs have collectively acquired 500,000 BTC, valued at an astonishing $35 billion. This rapid accumulation has been fueled by a series of significant inflows, with Thursday witnessing a massive influx of $287.7 million, according to…

Read more on bitcoinnews