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Crypto

Bitcoin Investors Flood Spot ETFs with $853 Million

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin investors have been pouring millions into spot exchange-traded funds (ETFs) in recent times. According to data, $853 million has flowed into these funds so far.

The bulk of this investment comes from BlackRock's iShares Bitcoin Trust (IBIT), which claims the majority share of this influx.

While not specifying an exact figure for IBIT's portion of the investment, it is clear that BlackRock plays a significant role in the growth of spot ETFs.

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