U.S. spot $BTC ETFs have just recorded their highest weekly trading volume since their inception, with $25 billion changing hands last week . This surge reflects growing institutional interest in Bitcoin, especially as the cryptocurrency trades around $107,573.
Notably, BlackRock’s iShares Bitcoin Trust (IBIT) has maintained a streak of 30 consecutive days without net outflows, now holding over 3.3% of the global Bitcoin supply and managing assets exceeding $71 billion . The week also saw net inflows of $2.75 billion into these ETFs, marking the second-highest weekly net inflow since their launch .
This milestone underscores the increasing role of Bitcoin ETFs in the financial landscape, signaling robust investor confidence in cryptocurrency assets.
