Spot Bitcoin exchange-traded funds attracted $450 million in net inflows over the past 24 hours, according to the Reuters report. BlackRock’s IBIT accounted for the largest share at $320 million, underscoring continued appetite from large investors.

Bitcoin was trading above $108,000 during the period, holding a firm range as buyers returned to the market. Analysts cited renewed institutional demand as a key driver, with attention also turning to the next halving cycle and its possible effect on supply dynamics.

The latest inflow figures add to signs that regulated crypto products remain a preferred entry point for investors seeking Bitcoin exposure without direct custody. Market participants will be watching whether the pace of ETF demand can continue to support prices in the near term.

Even so, crypto markets remain volatile, and inflows can shift quickly with broader risk sentiment, macroeconomic data, and regulatory developments.