On May 21, a significant capital inflow was recorded in the spot Bitcoin ETF sector – $608.99 million, nearly doubling the figure from the previous day. This is the sixth consecutive day of positive dynamics against the backdrop of a historical maximum $BTC at the level of $111,800.
🕯 Leaders by inflow:
IBIT (BlackRock): $530.63 million
FBTC (Fidelity): $23.53 million
BTC (Grayscale): $22.14 million
BITB (Bitwise): $20.49 million
HODL (VanEck): $6.09 million
ARKB (ARK): $4.29 million
BRRR (Valkyrie): $1.83 million
💎 Meanwhile, spot Ethereum ETFs recorded the lowest daily inflows ever – only $0.587 million. The ETHA fund from BlackRock received $24.86 million, but a nearly identical amount was withdrawn from FETH from Fidelity – $24.28 million, which offset the overall result.
📈 The total inflow into Bitcoin ETFs in May has already exceeded $3.8 billion. Total assets under management – $129 billion, daily trading volume – $7.64 billion.
📉 Activity in the Ethereum segment remains in the shadows. Against this backdrop, pressure on $ETH persists, despite stable technical metrics and low fees following the Pectra update.
Follow updates on #MiningUpdates
#BitcoinETF #EthereumETF #CryptoMarkets #Investing #Finance #MiningUpdates
