Total amount invested in bitcoin back over $1 trillion

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The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices. The world's largest cryptocurrency has risen around 20% since the start of February, already set for its biggest monthly rise since October. Strong inflows to new U.S. listed ETFs have driven some of the price action in recent weeks, say analysts, and capital flows into the 11 U.S. spot bitcoin ETFs increased to $1.64 billion in the week to Wednesday, LSEG Lipper data showed.