U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a surge of $422.67 million in inflows on Tuesday, marking the highest daily influx since June 5th. This influx underscores a burgeoning trend of institutional adoption and investment in digital assets.
Record Inflows Highlight Institutional Confidence
The standout performer was Blackrock’s IBIT, which attracted an impressive $260 million, significantly bolstering its Bitcoin holdings to 322,125.41 BTC, valued at over $20 billion.·
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