Institutional appetite for cryptocurrencies remains strong. On May 20, Bitcoin ETFs saw $329 million in net inflows, marking their fifth consecutive day in the green. Meanwhile, Ether ETFs did not lag behind, capturing $64.89 million and reaching their third positive day in a row.
BlackRock once again led the movement with its IBIT ETF, which accumulated $287.45 million, followed by Fidelity (FBTC) with $23.26 million. Grayscale, ARK 21Shares, and Bitwise also contributed to the momentum.
In the realm of Ethereum, BlackRock's ETHA ETF added $45.04 million, while Fidelity's FETH brought in $19.85 million. No Ether ETF recorded outflows.
Daily trading volume: $303 million.
Net assets in ETH ETFs: $8.7 billion.
The signal? Cryptos continue to gain ground on Wall Street.
Are you joining the trend or watching from the sidelines?
