In a boost for crypto enthusiasts, the Purpose Bitcoin ETF has seen a significant rise in its Bitcoin holdings, hitting a new year-to-date high of 32,433 BTC. Though not surpassing its all-time high of 48,000 Bitcoin from June 2022, the ETF’s Assets Under Management (AUM) have surged to an impressive $1.2 billion. This alignment of increased Bitcoin holdings and AUM points to growing investor confidence. Moreover, ongoing inflows into the Purpose ETF highlight its rising popularity. The anticipated introduction of Spot ETFs in the U.S. market is also driving optimism and recent inflows into the Purpose Bitcoin ETF.