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Crypto

Bitcoin ETFs Draw Record $517M in One Day Amid Price Recovery

Guavy AI Editorial Team
Instruments
BTC
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Spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in investment on Wednesday, attracting $517.2 million in one day. This influx is the largest since May 4 and was largely driven by BlackRock's IBIT.

The increase reflects growing institutional interest as Bitcoin's price recovers to around $64,000-$65,000. Spot Bitcoin ETFs offer a compliant way for institutions to invest, creating real buying pressure.

This trend suggests continued strong demand for similar ETFs in 2026 and may signal the expansion of such funds to other digital assets.

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