Spot Bitcoin exchange-traded funds attracted $1.1 billion in net inflows this week, according to Reuters, underscoring continued demand from large investors. BlackRock and Fidelity were among the leading funds drawing capital as market interest widened.

The surge in allocations comes as miners face higher network difficulty and traders continue to focus on the next phase of Bitcoin’s halving cycle. That combination has kept Bitcoin in the spotlight for institutional portfolios looking for exposure to the asset through regulated products.

While ETF inflows do not guarantee sustained price gains, they offer a clear sign that professional investors are still adding to Bitcoin positions. The renewed buying also suggests that the market’s halving narrative remains a major driver of sentiment heading into the next cycle peak.