Spot Bitcoin exchange-traded funds drew $1.2 billion in net inflows on Friday, according to Reuters, the largest single-day total since the products launched in January 2024. The jump suggests that large investors continue to add exposure to the cryptocurrency through regulated funds.

The surge in demand comes as Bitcoin remains a focal point for institutional portfolios, with ETF vehicles offering a simpler route for buying and holding the asset than direct custody. The latest flows extend a broader trend of steady interest in crypto-linked products from asset managers and professional traders.

Friday’s tally marks a new milestone for the category and underscores how quickly Bitcoin ETFs have become a major channel for market participation. Even with ongoing volatility in digital assets, the data points to persistent buying from investors looking for regulated access to Bitcoin.

Analysts say the scale of inflows may help support market sentiment in the near term, though crypto prices remain sensitive to macroeconomic shifts, regulatory developments and risk appetite across financial markets.