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News Explorer — Institutional Demand for Bitcoin ETFs Rises as Investments Reach $3.8 Billion in Five Weeks

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May 7, 12:56 pm
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Institutional Demand for Bitcoin ETFs Rises as Investments Reach $3.8 Billion in Five Weeks

U.S. spot Bitcoin ETFs have seen five weeks of positive inflows totaling $3.8 billion, with total net assets reaching a record $108.76 billion. Institutional demand is increasing due to factors like the expected resolution of U.S.-Iran hostilities and pending cryptocurrency legislation.

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