Anthony Scaramucci, founder of global investment firm SkyBridge Capital, hailed the momentum in spot Bitcoin (CRYPTO: BTC) exchange-traded funds on Tuesday as they pulled in more than $1 billion in year-to-date inflows.

Is Institutional Interest In Bitcoin Growing?

Scaramucci quoted Bloomberg analyst Eric Balchunas’ post on the strong growth of Wall Street-listed ETFs that track the spot price of Bitcoin, labeling it a “buying surge.”

Balchunas noted that the ETFs have attracted more than $1 billion in net inflows year-to-date, with total lifetime inflows reaching $58 billion, just $5 billion away from a new record.

Sign Of Resilience?

Inflows peaked at $62.8 billion in October 2025, with Balchunas pointing out their relative resilience amid the market slump.

“Half the battle with building a big …

Full story available on Benzinga.com