In a notable shift, investors have redirected their attention towards cryptocurrency exchange-traded funds (ETFs) as the price of Bitcoin rebounds following a recent downturn. Nine ETFs introduced in January have experienced an increase in capital inflows, accumulating nearly $1 billion over the first two days of this week. Todd Rosenbluth, head of research at VettaFi, an analytics company, suggests that this newfound interest is due to Bitcoin's strong resurgence in performance.

Data from BitMEX Research indicates that the Fidelity Wise Origin Bitcoin Fund has emerged as a new leader in asset attraction, garnering a significant $540.9 million on Monday and Tuesday. This figure notably surpasses the $197.7 million withdrawn by BlackRock's iShares Bitcoin Trust during the same timeframe.
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