$BTC

### Weekly Update on Bitcoin ETF: Strong Inflows Continue 📈

Last week saw impressive net inflows of $770 million into spot Bitcoin ETFs, highlighting continued institutional interest! BlackRock's IBIT led with weekly inflows of $337 million (now totaling $52.65B), while Fidelity's FBTC followed with $248 million (reaching a total of $12.21B).

Meanwhile, Grayscale's GBTC experienced outflows of $84.95 million, with cumulative outflows now at $23.33B.

The total net asset value across all spot Bitcoin ETFs stands at an impressive $137.6B, representing 6.29% of the total market value of Bitcoin. Cumulative net inflows have reached $49.64B.

This strong institutional demand coincides with Bitcoin trading steadily above $108,000, even touching $109,700 in the last hours! Price action and ETF flows suggest sustained institutional confidence in Bitcoin's long-term value.