Spot Bitcoin ETFs in the US have experienced significant growth since their launch in January. The 12 funds have attracted over 500,000 BTC in net inflows, which is worth over $50.5 billion at current prices. BlackRock’s iShares Bitcoin Trust (IBIT) was the first fund to reach this milestone. The funds have experienced an inflow streak over the past two weeks, with total net inflows amounting to $34.58 billion.
Growing institutional interest in Bitcoin has contributed to the sustained inflows into spot Bitcoin ETFs.
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<p>The post US Spot Bitcoin ETF Inflows Top 500K BTC first appeared on CoinBuzzFeed.</p>