Spot Bitcoin ETFs have surpassed $50 billion in net inflows, with BlackRock's IBIT leading with over 700,000 BTC and $53 billion in assets.
Institutional interest in Bitcoin continues to rise as altcoin ETFs for Solana, XRP, and Litecoin are close to SEC approval.
Institutional investors, corporates, and asset managers are driving the demand for Bitcoin ETFs, reflecting growing confidence in the crypto market.
The surge in institutional investment is attributed to factors like global tensions, Trump's call for rate cuts, and the ease of investing in cryptocurrencies through ETFs.