BlackRock spot Bitcoin (BTC ($97,523.70)) ETF saw massive inflows following the broader market rebound. Bitcoin ETFs have continued to dominate institutional demand for crypto assets since the U.S. Securities and Exchange Commission (SEC) approved the funds. Inflows spiked the total digital assets market cap above $3.3 trillion, gaining over 4% in the US trading hours.

BlackRock’s Demand Surges

BlackRock’s iShares BTC Trust (IBIT) recorded 5,250 Bitcoins in t...