BTC Spot ETF Sees Second Straight Day of Net Inflows: $678 Million
U.S. Bitcoin (BTC)$BTC spot ETFs are drawing increased investor interest, with a net inflow of $678.78 million (around ₩951.9 billion) recorded on May 2nd (local time), according to Trader T. This marks the second day in a row of positive net inflows, reflecting growing investor confidence in the market.
Among the funds, BlackRock's IBIT ETF stood out as the sole contributor to the net inflows, reinforcing its leading position in the current ETF landscape. In contrast, $ETH
other BTC spot ETFs showed either flat activity or no net inflow during the same period.
This trend highlights a potential shift in market dynamics within the BTC ETF $XRP 
sector. Analysts suggest that continued monitoring will be necessary to evaluate the long-term implications of IBIT’s performance and its influence on the broader market. Investors remain watchful to see whether this inflow trend will persist and how it might impact Bitcoin's price trajectory.
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