Why has Bitcoin ETF demand surged recently?
In October, Bitcoin ETFs in the U.S. saw inflows surpassing $3 billion, marking a six-month high in demand. BlackRock’s IBIT fund led the way, contributing significantly to this increase with a near-$24 billion inflow since its launch. This strong interest, primarily from retail investors, has driven total ETF-held Bitcoin holdings close to 1 million BTC, nearing the amount in Satoshi Nakamoto’s wallet. Show Less
