Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K – Cryptonews

Bitcoin exchange-traded funds (ETFs) are experiencing a surge in popularity, with a record monthly inflow of $6.2 billion. This comes as the price of Bitcoin is approaching $100,000. Investors are increasingly turning to Bitcoin ETFs as a way to gain exposure to the cryptocurrency market without directly owning the digital asset. The growing interest in Bitcoin ETFs reflects the broader trend of institutional adoption of cryptocurrencies. As more investors seek to diversify their portfolios and hedge against inflation, Bitcoin ETFs are becoming an attractive option. The record inflows into Bitcoin ETFs are a testament to the growing acceptance of cryptocurrencies as a legitimate asset class.