More money entered spot bitcoin ETFs Wednesday than any day prior as BTC rallied and trading volumes soared.

The record inflows into spot bitcoin ETFs indicate sustained demand for these investment vehicles. Their approval by the Securities and Exchange Commission back in January marked a pivotal moment, opening up easier access to bitcoin exposure for a broader range of investors.

The 10 US ETFs that hold bitcoin directly notched $673 million of net inflows on Wednesday, according to BitMEX Research data. This edged the previous record set on Jan. 11 the funds first trading day during which $655 million entered the offerings.

Read more: SEC officially approves spot bitcoin ETFs in landmark decision

BlackRocks iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) dominated the segment, with Wednesday net inflows totaling $612 million and $245 million, respectively.

Net outflows grew for the higher-priced Grayscale Investments Bitcoin Trust ETF (GBTC), with $216 million exiting the fund on Wednesday, the data shows.

Even with GBTC weighing down the segment with $7.8 billion of net outflows, the bitcoin ETFs have collectively notched positive flows of $7.4 billion in roughly seven weeks.

Inflows into the funds could see a second wind as more wealth managers get comfortable allocating on behalf of clients, industry watchers and executives have said.

Read more: Primary market for bitcoin ETFs largely hasnt yet adopted such funds

IBIT eclipsed $9 billion in assets under management, and FBTC is above $6 billion, BitMEX Research data shows. GBTC, which ported over assets when it converted to an ETF, manages about $26.4 billion.

The bitcoin ETFs record daily net inflow total came on a day during which bitcoins price (BTC) approached $64,000, before retreating closer to $60,000. The price of one BTC was about $62,600 at 8:30 am ET Thursday up 21% from a week ago.

Read more: Bitcoin blows past $60k, on track for best monthly candle since Dec. 2020

The 10 bitcoin ETFs as a group saw trading volumes of $7.6 billion on Wednesday, shattering the $4.5 billion mark set on their first day trading.

BlackRocks fund has led the way, breaking its record in this category over the last three days.

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Bitcoin ETF inflows hit new peak Wednesday amid BTC price climb - Blockworks