Institutional support for Bitcoin has surged following Trump's political win, leading to a crypto bull run. As a result, 11 U.S.-spot Bitcoin ETFs recorded historically high inflows of $1.372 billion.
This record-breaking achievement comes after 167 days and was primarily driven by BlackRock's IBIT, which alone witnessed an inflow of $1.169 billion.
The recent surge in Bitcoin ETF inflows signifies growing confidence among investors and institutions in the cryptocurrency market.