Bitcoin ETFs Surge with $303 Million Inflows Led by Fidelity and GBTC

Recent weeks have seen a substantial increase in inflows into Bitcoin ETFs, with a remarkable $303 million recorded, marking a significant boost in institutional interest. Leading this surge are major financial firms like Fidelity Investments and the Grayscale Bitcoin Trust (GBTC), which are channeling substantial capital into these funds. This trend reflects a growing acceptance of Bitcoin among traditional investment entities, positioning it as a viable component of diversified investment portfolios. The strong inflows suggest that despite market fluctuations, confidence in Bitcoin as an investment vehicle remains high. Read more at Decrypt