Spot Bitcoin ETFs Record $785 Million Inflows in Six Days
- Spot Bitcoin ETFs in the U.S. saw six consecutive days of inflows, totaling $785 million.
- Key contributors to these inflows were BlackRock’s IBIT and Fidelity’s FBTC.
- Institutional interest is rising, with Bitcoin prices hovering around $83,000.
- New investors have accumulated 172,705 BTC since February 23.
- Pension funds and Target Date Funds could potentially add $1–2 billion into Bitcoin.
The recent surge in spot Bitcoin ETF inflows, amounting to $785 million over six days, highlights growing institutional interest as BTC prices stabilize near $83,000.
Source (2.6)https://coingape.com/spot-bitcoin-etf-inflows-hit-785-million-this-week-90k-btc-price-soon/?rand=24432
