Spot bitcoin exchange-traded funds recorded their biggest daily net inflow on record on Friday, drawing about $1.2 billion as investors returned to the products, according to Reuters. The surge came through funds offered by major asset managers including BlackRock and Fidelity.

The jump suggests renewed institutional demand for bitcoin exposure after a period of uneven trading. ETF inflows are closely watched because they offer a simple way for large investors to gain access to the cryptocurrency without directly holding the asset.

The strong showing also highlights how quickly sentiment can shift in the digital-asset market. While the latest inflow does not guarantee sustained momentum, it marks a notable milestone for the spot bitcoin ETF category and adds fresh support to the asset class.

Analysts will be watching whether the buying continues in coming sessions or proves to be a one-day spike. For now, the record figure underscores the growing role of regulated investment vehicles in channeling capital into bitcoin.