Bitcoin (CRYPTO:BTC) spot ETFs have catalysed a significant influx of $15 billion into the cryptocurrency market during the first half of 2024, according to Architect Partners.

This surge has bolstered institutional investment and contributed to a total market growth of approximately $750 billion, including gains from various crypto tokens and publicly listed firms.

Despite initial strong inflows, BTC ETF trading volumes have recently stagnated, reflecting cautious investor sentiment amid market recoveries and regulatory developments.

Analysts anticipate continued impact as Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) ETFs potentially follow suit, expanding institutional access and market participation.