On a notable Monday, 12 US spot Bitcoin exchange-traded funds (ETFs) successfully attracted $353.67 million in inflows, demonstrating a robust demand for Bitcoin investment products.
Among these, Blackrock's IBIT took a significant lead by accumulating over 500,000 BTC, which is valued at $47.68 billion based on current exchange rates, showcasing its dominance in the market.
This substantial influx highlights Wall Street's growing interest and confidence in Bitcoin as an investment, with Blackrock at the forefront of this Bitcoin bonanza.