On October 14, spot Bitcoin ETFs in the U.S. saw over $556 million in inflows, marking the highest influx in more than 120 days. This surge drove Bitcoin's price to over $67,800, its peak in three months. The Fidelity Wise Origin Bitcoin Fund topped the inflow chart with $239.3 million, followed by Bitwise and BlackRock. Experts attribute this spike to factors including the upcoming U.S. election, growing macroeconomic optimism, and increasing institutional hedge fund participation, with nearly half indicating exposure to digital assets. Institutional investors, in particular, are seen as significant contributors to ETF demand, accounting for an estimated 27% rise in adoption. Compared to traditional assets like gold, which saw only $1.4 billion in ETF inflows, Bitcoin ETFs have drastically outperformed, highlighting a shift in investor sentiment towards digital assets.

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