Bitcoin Exchange-Traded Funds (ETFs) have seen record inflows in recent months, reflecting growing institutional adoption of cryptocurrencies.
The launch of several new Bitcoin ETFs in Europe and North America has provided investors with more accessible and regulated avenues to gain exposure to Bitcoin.
These ETFs allow institutions and retail investors to invest in Bitcoin without the need to directly purchase and store the cryptocurrency.
Analysts believe that the increasing popularity of Bitcoin ETFs could further legitimize Bitcoin as an asset class and drive its price higher as more capital flows into the market.
This trend is also seen as a positive signal for the broader crypto market, as it indicates rising mainstream acceptance.
