Crypto
Blackrock-Driven Bitcoin ETF Surge Attracts Record $854 Million
Bitcoin ETFs have posted their best week since April 17, attracting $853.54 million in inflows across five sessions.
The surge was driven by Blackrock's IBIT, which supplied more than 80% of the weekly inflow with a staggering $693.5 million.
Ether funds also saw significant gains, adding about $245 million as institutional allocations continued to build.
Other altcoins such as XRP, Solana, and HYPE ETFs finished the week with net inflows, broadening institutional demand for cryptocurrencies.