Bitcoin ETFs saw a significant inflow of $470 million on Thursday, totaling nearly $2 billion for the week.
BlackRock's iShares Bitcoin Trust ETF (IBIT) led the charge with a $309 million inflow on the last trading day, adding to its total inflow of over $1.07 billion for the week.
Other spot ETFs, such as Ark and 21Shares' ARKB, Grayscale's GBTC, and Fidelity's FBTC, also recorded significant net inflows on Thursday.
The surge in Bitcoin ETF inflows reflects increasing confidence in digital assets, driven by improved economic conditions and legal battles favoring crypto firms.