Institutional demand for Bitcoin ETFs is growing
Inflow of funds: In the past week, $2.7 billion has flowed into Bitcoin ETFs, the highest amount since April.
Total inflow: Since the beginning of the year, the total inflow of funds has reached $44.5 billion, and assets under management have reached $131 billion, which is 6.24% of Bitcoin's market capitalization.
Leader among ETFs: IBIT from BlackRock leads with $70 billion in assets and may soon surpass GLD, the largest gold ETF, which currently has $97 billion in assets.
Market and forecasts: Reduced supply on exchanges and bold price forecasts from $200k to $2.4M are strengthening investors' bullish sentiment.
