Recent developments in the Bitcoin market have brought both excitement and intrigue to the forefront. On one hand, the Spot Bitcoin Exchange-Traded Fund (ETF) market has witnessed a staggering influx of capital, while on the other, a long-dormant Bitcoin whale has resurfaced.

Bitcoin ETFs Net Inflows Reach $12.6B

As per the latest data, the Spot Bitcoin ETF market has experienced an unprecedented surge in inflows, with total net inflows surpassing $12.6 billion. With an average daily inflow of $213.8 million, the market has seen a remarkable streak of four consecutive days of net positive flows.

Leading this charge is BlackRock’s IBIT, which recorded a net inflow of nearly $308 million on…

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