The cryptocurrency market has witnessed a notable surge in Bitcoin ETF activity, with 0.5% of Bitcoins (100k BTC) worth $5.2B absorbed into ETFs, over half of which occurred in the last week, totaling a record $2.45 billion in global inflows. This demand has been primarily driven by major ETFs such as BlackRock's IBIT and Fidelity's FBTC, ranking them among the highest US ETFs by inflows this year. Bitcoin investment products' total assets under management have soared to $67 billion, the highest since December 2021. Moreover, Coinbase's Bitcoin supply has plummeted to its lowest since 2015 following an 18K BTC withdrawal. BlackRock and Fidelity's combined ownership stands at 203,609 BTC, valued at $10.6 billion. The Bitwise Bitcoin ETF notably saw over 5 million shares traded, totaling $150 million, marking its second-largest trading day since launch. The influx into Bitcoin ETFs underscores a growing investor preference for ETFs over traditional exchanges, attributing to the crypto funds sector's biggest week yet this year.