
The recent launch of nine new spot Bitcoin ETFs has significantly impacted the cryptocurrency market, with these ETFs collectively amassing over 300,000 BTC in assets under management in under two months. This surge in interest has resulted in a total net inflow of approximately $7.4 billion into these ETFs, with a notable $6.11 billion inflow, including a $520 million inflow on February 26 and a $577 million inflow on February 27. Notably, BlackRock's IBIT spot Bitcoin ETF has been at the forefront, recording a historic daily net inflow of $612.1 million. The ETFs have seen a record inflow of $673 million in a single day, pushing the total inflow to $7.4 billion, with $4.9 billion of that in the last 13 days. This unprecedented demand highlights the growing investor interest in Bitcoin and the cryptocurrency market as a whole.



JUST IN: #Bitcoin ETFs saw a RECORD INFLOW yesterday of $673m! We're just getting started... 🚀 https://t.co/UoL0wwhfPz
Yesterday we saw a net $680m inflow into BTC ETFs. This is a new record for the highest daily inflow number since day 1. This takes the total inflow number to $7.4bn, $1.8bn of which have come from 3 days this week. Higher. Table from @DegenzNFT https://t.co/lwRxr06IIs
[1/5] Bitcoin ETF Flow - 28th Feb 2024 All data in. Today was a record inflow day, with $673.4m of net inflow. This was driven by Blackrock, which also had a record day, with $612.1m of inflow https://t.co/vklRVtrDoI