U.S.-listed spot bitcoin ETFs attract over $1 billion this week, signaling tentative institutional demand

U.S.-listed spot bitcoin exchange-traded funds attracted over $1 billion this week, according to SoSoValue data, indicating renewed but tentative institutional demand. Historically, steep bitcoin rallies have coincided with average daily ETF inflows exceeding $200 million, compared to the current average of about $86 million daily since July 1. Vikram Subburaj, CEO of India-based Giottus, said institutional demand shows tentative improvement but sustained inflows are needed to confirm a stronger recovery.