According to data provided by SoSoValue, Bitcoin exchange-traded funds (ETFs) recorded a total of $329 million worth of inflows on Tuesday, expanding their impressive streak.
Unsurprisingly, BlackRock's iShares Bitcoin Trust (IBIT) accounts for the biggest share of fresh inflows, with $287 million. The Fidelity Wise Origin Bitcoin Fund (FBTC) comes in a very distant second place. It is worth mentioning that there is not a single product in the red, which indicates strong institutional demand.
Over the past five weeks, Bitcoin ETFs have now recorded close to $6.6 billion worth of inflows. According to analytics firm Santiment, this is historically a bullish sign for Bitcoin's price action.
Blackstone, the leading alternative asset manager in the world, recently disclosed its very first IBIT investment earlier this week in a regulatory filing.
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On Tuesday, Vetle Lunde of K33 Research noted that the amount of Bitcoin managed by global exchange-traded products (ETPs) has now reacheda new peak for the first time since January.
After solid flows yesterday, the bitcoin under management by global ETPs is back where it belongs, at all-time highs.Net inflows since April 10: 81,466 BTC. pic.twitter.com/XkfxiV8GB3
— Vetle Lunde (@VetleLunde) May 20, 2025
Notably, Ethereum ETFs are also in the green, with a total of $65 million in inflows being recorded on Tuesday. This comes after the flagship altcoin stole the spotlight with a stunning rally earlier this month.
Meanwhile, the Bitcoin price is steadily approaching a new record peak, currently trading at $107,780. The cryptocurrency is a hair's breadth away from surpassing the January lifetime peak of $108,786 amid strong institutional demand.
However, retail investors still appear to be on the sidelines based on a relatively low Google search volume.
