Bitcoin ETF Inflows Surge as BlackRock and Institutions Show Growing Crypto Interest

BlackRock plans to add spot Bitcoin ETFs to its Global Allocation Fund, showing increasing institutional interest in crypto.

Bitcoin ETF assets under management have surged, with over $473 million entering Bitcoin ETFs on March 7th alone.

While Bitcoin ETF performances vary, overall net inflows signal growing investor confidence in crypto as an asset class.

Regulatory approval of Bitcoin spot ETFs is a major milestone that can improve liquidity and trading volume significantly.

Analysts speculate that increasing ETF inflows could drive Bitcoin prices to $100,000 or beyond in the next 1-2 years.