Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record
The leap to $40.33 billion followed recent inflows on May 8. Funds alone totaled more than the previous record on that single day
The leap to $40.33 billion followed recent inflows on May 8. Funds alone totaled more than the previous record on that single day. Investors have been putting money into the products since their launch early in 2024. Their firm hand has kept ETF flows rising even as prices fluctuated.
After yesterdays inflows, the spot Bitcoin ETFs are now at a new high water market for lifetime flows. Currently at $40.33 billion according to Bloomberg data