Bitcoin Investor Appetite Returns: ETF Inflows Surge! 📈
After April's outflows, #Bitcoin spot ETF funds are back in the green with a whopping $242 million daily net inflow since last week, signaling renewed buyer interest! This trend is further bolstered by institutional involvement.
BlackRock's strategic purchase of IBIT in Q1, propelling IBIT's holdings to a record 288,670 $BTC , exemplifies this institutional shift. Additionally, with 414 institutions now invested in IBIT, the overall trend for institutional adoption is undeniably positive.#StartInvestingInCrypto #ETHETFsApproved #MtGox