Bitcoin saw a major price surge in early November, reaching nearly $90,000. This surge led to a surge in funds flowing into spot Bitcoin exchange-traded funds (ETFs) in the US.

In the week of November 6-11, investments in US spot Bitcoin ETFs reached $2.6 billion. BlackRock’s iShares Bitcoin Trust saw the most interest, attracting more than $2 billion.

Other ETFs such as Fidelity, Bitwise, and ARK 21Shares also saw significant investments. Grayscale recorded a rare positive flow.

Additionally, spot Ether ETFs also reported record daily inflows.