Bitcoin Rally Draws Record-Breaking ETF Inflows

Bitcoin's latest surge has spilled over into traditional finance as US-listed spot Bitcoin exchange-traded funds (ETFs) saw their strongest weekly inflow in 10 months.

The funds drew a net $1.92 billion last week, the most since early October last year, according to data from Bloomberg.

This influx came as Bitcoin itself gained about 23% during the same period, its biggest weekly increase in over three years.

As of Monday afternoon in Singapore, Bitcoin was trading around $77,000.