Spot Bitcoin ETFs have emerged as a crucial driver in crypto market dynamics, accumulating over 938,700 BTC and influencing market trends. According to BinanceResearch, spot Bitcoin ETFs have outperformed early Gold ETFs, achieving net inflows of around $18.9 billion within a year. This growth is driven by sustained demand from institutional investors and non-institutional investors alike. As the crypto market continues to evolve, the role of spot Bitcoin ETFs in shaping market dynamics will remain crucial.

Source: https://Blockchain.News/news/spot-bitcoin-etfs-crucial-driver-crypto-market-dynamics