Bitcoin’s spot price recently soared beyond $110,000, hitting a new all-time high.
This May, U.S.-listed spot Bitcoin ETFs have collectively seen net inflows of $5.77 billion, the highest monthly total since November, as reported by SoSoValue.
The inflows reflect strong investor conviction, with a mix of bold directional trades and increased interest in cash-and-carry arbitrage strategies fueling demand. Since mid-April, these funds have only recorded net outflows on four days.
BlackRock’s IBIT ETF led the charge in attracting fresh capital, coinciding with Bitcoin’s record-breaking price surge.
