BlackRock's Bitcoin ETF recently experienced an unprecedented surge, receiving $1.1 billion in net inflows within just one day. This impressive figure formed a substantial part of the total $1.38 billion net inflow recorded by all 12 U.S. spot bitcoin ETFs combined.
These collective inflows have marked a significant milestone since the ETFs launched in January. The influx of funds underscores a growing investor interest in Bitcoin through regulated financial products.
The record-breaking inflow could reflect increasing confidence and interest from institutional investors towards Bitcoin and the broader cryptocurrency market.
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