Anthony Scaramucci, founder of SkyBridge Capital, praised the recent surge in spot Bitcoin exchange-traded funds (ETFs) as they attracted over $1 billion in inflows year-to-date. This growth indicates increasing institutional interest in Bitcoin, with total lifetime inflows reaching approximately $58 billion, just $5 billion shy of a record. Bloomberg analyst Eric Balchunas noted that the inflows peaked at $62.8 billion in October 2025 and highlighted the resilience of these ETFs during market downturns. Major financial institutions, including Morgan Stanley and Goldman Sachs, are now entering the Bitcoin ETF market, further boosting its popularity. Currently, BlackRock's iShares Bitcoin Trust ETF remains the largest in this category, managing $61 billion in assets. Despite a 14.38% decline year-to-date, the IBIT ETF shares rose by 1.81% in after-hours trading, reflecting ongoing investor interest.