Spot Bitcoin ETFs Saw Over $19 Billion of Inflows Year-to-Date, Data Shows

Spot Bitcoin exchange-traded funds (ETFs) have seen inflows of over $19.3 billion so far this year in a “surprisingly strong” trend as these funds amass a significant amount of BTC, further adding supply-side pressure to the market. According to Bloomberg Senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT) has led in inflows with […]