The head of virtual assets at the world's largest investment firm, BlackRock, predicts a surge in interest in spot Bitcoin ETFs.

Robert Mitchnick believes that in the next few months, the list of institutional investors participating in trading units of spot Bitcoin ETFs will be replenished with new categories. The list will include pensions and state sovereign funds.

“Many of the interested parties – pension funds, sovereign wealth funds or other asset managers – are in discussions with BlackRock. The company expects increased interest in Bitcoin exchange-traded funds.

Robert Mitchnick’s statement came amid a record outflow of funds from spot Bitcoin ETFs. In one day on May 1, the outflow amounted to more than $563 million. The trend has not changed for six days.

BlackRock previously expanded the list of partners of the Bitcoin Trust spot fund by adding five new participants.