Bitcoin ETFs have witnessed significant growth, amassing over $20 billion in net inflows within a short span of 10 months. This remarkable surge signifies an increase in institutional interest and investment in cryptocurrency markets.
Major issuers like BlackRock, Fidelity, and Ark have experienced varying flows, with a notable weekly increase of $2.1 billion, demonstrating the dynamic nature of these financial instruments. Despite facing a downturn in early October, ETFs have shown resilience with a subsequent robust recovery.
Source: coinedition.com ↗