๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ง๐๐ ๐ฆ๐ฒ๐ฒ ๐ ๐ฎ๐๐๐ถ๐๐ฒ $๐ฎ.๐ณ๐ฑ๐ ๐๐ป๐ณ๐น๐ผ๐ โ ๐ฏ๐ฟ๐ฑ ๐๐ถ๐ด๐ต๐ฒ๐๐ ๐ช๐ฒ๐ฒ๐ธ ๐๐๐ฒ๐ฟ!
Bitcoin spot ETFs recorded a net inflow of $2.75B last week (May 19โ23), marking the third-highest weekly inflow in history, according to SoSoValue.
๐ง๐ผ๐ฝ ๐๐ง๐ ๐๐ป๐ณ๐น๐ผ๐๐ ๐๐ฎ๐๐ ๐ช๐ฒ๐ฒ๐ธ
โ BlackRockโs IBIT:
โ $2.43B inflow
โ Total net inflow: $47.98B
โ Fidelityโs FBTC:
โ $210M inflow
โ Total net inflow: $11.8B
๐ช๐ผ๐ฟ๐๐ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฒ๐ฟ: Grayscale GBTC
โ Weekly outflow: $89.17M
โ Historical outflow: $23.08B
๐ง๐ผ๐๐ฎ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
โก Total net assets in Bitcoin spot ETFs: $131.39B
โก ETF market cap share: 6.11% of Bitcoinโs market cap
โก Cumulative net inflows: $44.53B
Is this the beginning of another ETF-led Bitcoin rally?
Drop your thoughts below!
