BlackRock's Bitcoin ETF has achieved a remarkable milestone, witnessing an inflow of $872 million. This positions the ETF as a significant player in the Bitcoin investment landscape due to such substantial capital infusion.
As a result, the collective worth of Bitcoin ETFs is rapidly approaching the valuation of the Bitcoin stash attributed to the creator, Satoshi Nakamoto.
This indicates growing institutional interest and confidence in Bitcoin as a financial asset, reflecting its stability and increasing acceptance in the mainstream financial ecosystem.
Source: insidebitcoins.com ↗