U.Today – In a remarkable demonstration of demand for Spot ETFs, U.S. funds saw a record daily net inflow of $1.38 billion, while Bitcoin itself hit a novel record high. BlackRock’s (NYSE:) IBIT fund dominated inflows, attracting a record $1.12 billion, reflecting the buzz around recent events and growing appetite for regulated BTC exposure among classic investors.
More and more people are definitely choosing Spot Bitcoin ETFs, which shows that investors are starting to prefer protected, regulated Bitcoin-based financial products to direct exposure.
This increased interest is a sign that the retail side of the market is moving towards digital assets, especially as institutions such as BlackRock offer access to cryptocurrency through structured and compliant investment vehicles.
Meanwhile, this ETF-fueled activity is in line with Bitcoin’s upward momentum, with the cryptocurrency hitting all-time highs for three consecutive days.
$76,999 for Bitcoin
According to Binance Futures, BTC price hit a recent high of $76,849.99, while Coinbase (NASDAQ:) records showed an even slightly higher high of $76,999, highlighting that the asset continues to grow as investor interest becomes abnormal .
Ethereum-based ETFs also caught investor attention, recording the third-largest single-day inflow in history, bringing in $79 million in the last trading session.
This development suggests that interest in cryptocurrency-backed financial products may extend beyond Bitcoin, suggesting a more diversified approach from investors looking to tap into a wider range of digital assets or trying to catch up in beta as it lags significantly behind BTC’s performance in terms of price.
