BlackRock's spot Bitcoin ETF achieved a significant milestone, reaching over $1 billion in daily inflows for the first time since its launch in January. This influx of capital underscores the strong interest and confidence investors have in Bitcoin as an asset.
The milestone was notable not just for surpassing this impressive figure, but also as a reflection of the growing mainstream acceptance and institutional adoption of cryptocurrencies.
BlackRock's successful ETF performance could pave the way for more traditional financial institutions to enter the crypto space, reinforcing the momentum of digital asset investments.
Source: cointelegraph.com ↗