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Bitcoin ETFs See $300 Million Inflows as Price Surges 2%

Coin WorldWednesday, May 21, 2025 3:40 am ET

1min read

On Tuesday, Bitcoin spot exchange-traded funds (ETFs) recorded over $300 million in net inflows, marking the fifth consecutive day of capital influx into these funds. This steady pace of inflows indicates a broader shift in market sentiment, with institutional players increasingly confident in Bitcoin's medium-term trajectory. Despite short-term market fluctuations, these investors continue to allocate capital to funds backed by the coin.

BlackRock’s iShares Bitcoin Trust (IBIT) attracted the largest portion of Tuesday’s inflows, totaling $287.45 million. This brings its total cumulative net inflows to $46.15 billion. Fidelity’s spot Bitcoin ETF, FBTC, recorded the second-largest daily inflow that day, attracting $23.26 million. This brings its total historical net inflows to $11.81 billion.

On the same day, Bitcoin closed above $106,000 for the first time since January 21, indicating a spike in bullish pressure in the spot markets. As of the latest reports, the leading cryptocurrency trades at $107,421, noting a modest 2% gain over the past day. This price movement reflects growing investor confidence behind Bitcoin's price trajectory.

Moreover, options market data shows growing demand for call contracts, supporting the bullish outlook. This indicates that traders continue to position for further upside in Bitcoin’s price. If these trends persist, the leading coin may be entering a new phase of accumulation, pushing it to a new all-time high in the near term.

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