"Institutional Flow and Record Inflows: The Rise of Bitcoin ETFs in Crypto Biz"

Data suggests that retail investors are driving the demand for spot bitcoin ETFs, with the average trade size of BlackRock's iShares Bitcoin Fund (IBIT) indicating nonprofessional investors. Billions of dollars have flowed into these ETFs since their launch in January, with most of the money coming from retail investors rather than big institutions. ETFs make it easier for individual investors to allocate money into bitcoin without holding the actual asset themselves, and BlackRock's IBIT has attracted over $14 billion in assets in just two months. Despite the outstanding performance of these products, Grayscale's GBTC has seen an outflow since converting into an ETF in January.