📈 [BTC Spot ETF Inflow – May 8 Recap]
On May 8 (EST), total net inflow into BTC spot ETFs reached $117M — institutions keep stacking despite price weakness.
🏆 Top Inflows:
IBIT (BlackRock): +$69M (Total: $44.355B)
FBTC (Fidelity): +$35.34M (Total: $11.672B)
📊 Total AUM: $118.66B
🔗 ETF market cap ratio vs BTC: 5.82%
📌 Cumulative net inflow: $40.836B
ETFs keep absorbing BTC—bullish conviction or institutional trap? 👀📉