**Bitcoin Spot ETFs See Explosive Growth 🚀**

A massive influx of funds has been pouring into bitcoin spot exchange-traded funds (ETFs). The total net inflows reached an astonishing $457 million in just one day. Fidelity's FBTC led the charge with a significant $391 million investment, while BlackRock's IBIT added another substantial $111 million to the mix.

**Institutional Demand Remains Strong 💪**

This surge in institutional demand is a clear indicator of the growing confidence in bitcoin as an asset class. The total net assets now stand at a impressive $112.6 billion, accounting for approximately 6.57% of bitcoin's market capitalization.

**Balance Sheets Accelerate Towards Bitcoin 📈**

As more institutions continue to allocate their funds towards bitcoin, it's clear that the trend is gaining momentum. With balance sheets accelerating towards the orange coin, it will be interesting to see how this increased demand impacts the market in the coming days.