A significant sign of this encouraging pattern is the revival of investments pouring into spot Bitcoin exchange-traded funds (ETFs) in the United States. In the last fortnight, there has been a robust return of inflows into ETFs, with BlackRock outperforming Grayscale in terms of these inflows. The daily demand for these spot Bitcoin ETFs has far surpassed the daily amount of BTC that is mined. This strong demand from ETFs serves as a promising indication for Bitcoin and demonstrates the sustained interest of institutional investors.
