According to PANews, from May 12 to 16, Eastern Time, Bitcoin spot ETFs achieved net inflows for the fifth consecutive week, with a weekly net inflow of $604 million, of which BlackRock's IBIT saw an inflow of $842 million, ranking first. This indicates that there has been a continuous influx of funds into Bitcoin ETFs recently. Additionally, according to CoinGecko data, Bitcoin broke through the $100,000 mark on May 8, and as of the morning of May 9, the 24-hour increase was 5.75%. The price increase may have attracted new funds into the market to some extent.

However, in the long run, the inflow of funds into Bitcoin is highly volatile. For example, in the second quarter of 2025 (April 25 - May 9), there was an inflow of $5.8 billion and a price increase of 22%, but in the first quarter of 2025, there was an inflow of $3.8 billion within two weeks (January 17 - 24), while the overall price of Bitcoin dropped by 4.8%. Moreover, historical data shows that a slowdown in ETF fund inflows can affect Bitcoin prices.