Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs have shown remarkable inflows as of December 16, indicating strong institutional commitment to the crypto sector. The total net inflow recorded for Bitcoin spot ETFs reached an impressive 637 million dollars. This result marks a significant milestone, showcasing 13 consecutive days of positive inflows according to data sourced from SoSo Value. Analysts are exhibiting bullish sentiment towards Bitcoin, positing that these inflows may be a precursor to a surge in value, potentially targeting 124000 dollars in the near future. With institutional confidence in crypto strengthening, market participants eagerly await how these trends will unfold. Keep an eye on Bitcoin as it continues its upward trajectory fueled by substantial financial backing from ETFs.