Bitcoin Funds See $2.45B Inflows as BlackRock and Institutions Drive Market Resurgence
• Demand for new Bitcoin spot ETFs drove record $2.45B inflows into crypto funds last week, per CoinShares data
• Total assets under management for crypto funds now $67B, highest since Dec 2021 bull market peak
• BlackRock's Bitcoin Trust saw over $1.6B in new investments amid rising institutional interest
• Most money flowing into crypto funds focused on Bitcoin exposure rather than altcoins
• Bitcoin price now $51.8K, up 4% over past week amid positive market momentum