More money entered spot bitcoin ETFs Wednesday than any day prior as BTC rallied and trading volumes soared.

The record inflows into spot bitcoin ETFs indicate sustained demand for these investment vehicles. Their approval by the Securities and Exchange Commission back in January marked a pivotal moment, opening up easier access to bitcoin exposure for a broader range of investors.

The 10 US ETFs that hold bitcoin directly notched $673 million of net inflows on Wednesday, according to BitMEX Research data. This edged the previous record set on Jan. 11 — the funds’ first trading day — during which $655 million entered the offerings.

Read more: SEC officially approves spot bitcoin…

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