"Bitcoin ETF Mania Sparks Record $2.5 Billion Weekly Inflows for Crypto Funds"

Demand for spot Bitcoin exchange-traded funds (ETFs) has driven a record week for crypto funds, with investors pouring $2.45 billion into such funds, bringing total assets under management to $67 billion. The approval of spot Bitcoin ETFs by the Securities and Exchange Commission has allowed traditional investors to safely and regulatedly access cryptocurrencies, leading to significant inflows into these funds. Most of the investment has been focused on Bitcoin, with the largest digital coin's price standing at $51,800.