In a remarkable surge, U.S. investors have poured nearly $1 billion into spot Bitcoin ETFs in just two days, attributing this significant inflow to the cryptocurrency's price rally, which recently reached a new peak of over $109,000. The demand for these ETFs reflects a growing investor appetite for digital assets, particularly following Bitcoin's recovery from a slump earlier this spring. Notably, BlackRock's iShares Bitcoin Trust led the inflows, boasting approximately $600 million, while other funds like Fidelity's and Ark's Bitcoin ETFs also saw substantial investments. The overall inflow into Bitcoin ETFs since mid-April stands at over $7.5 billion, marking a pivotal moment in the cryptocurrency market and showcasing the potential for continued growth in this asset class. With Bitcoin's price increasing more than 23% in the past month alone, the momentum appears to be firmly on the side of these financial products allowing easier access to Bitcoin investment for the general public.

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