According to CoinWorld news, on May 24, as the price of Bitcoin rebounded to a historic high, Bitcoin exchange-traded funds (ETFs) attracted over $2.5 billion in inflows this week. On Thursday, Bitcoin broke through the $111,000 mark, driving a surge in related ETF inflows. Among them, BlackRock's Bitcoin ETF 'IBIT' raised $877 million in a single day, setting a record for the highest single-day inflow in ETF history. Bloomberg ETF analyst Eric Balchunas stated that the influx of funds was primarily stimulated by Bitcoin's new high. The recent rise in Bitcoin was aided by the Trump administration's reduction of tariffs on Chinese goods (from 145% to 30%), easing trade tensions. However, on Friday, due to Trump's threat to impose tariffs on the EU, Bitcoin fell back to $108,000. In April, Trump's tariff policy had previously caused market panic, with Bitcoin and the stock market plummeting in tandem. But as some tariff policies were partially suspended, Bitcoin strengthened against the trend, demonstrating its anti-inflation properties. Bitwise Chief Investment Officer Matt Hogan stated that Bitcoin is becoming a macro hedge tool similar to gold, attracting investors to hedge against fiat currency devaluation risks through ETFs.

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