Recently, COINOTAG reported that Bitcoin's spot ETFs have achieved a remarkable milestone. As of October 30, the net asset value of these ETFs reached an impressive US$72.545 billion. This achievement has been backed by substantial investor inflows, indicating growing confidence and interest in Bitcoin investment products.
This development underscores the increasing integration of Bitcoin into mainstream financial markets. Such record inflows reflect a trend where institutional and retail investors are increasingly seeking exposure to Bitcoin through regulated financial products, further legitimizing the cryptocurrency.
