Spot Bitcoin ETFs in the US hit a new all-time high of $40.3 billion in lifetime flows on May 8. This surge was driven by strong net flows and price recovery of Bitcoin. BlackRock’s IBIT dominated the market with nearly 92% of net flows, while Fidelity’s FBTC followed with 4.4%. This growth in ETF flows indicates increasing demand from institutional and traditional investors.

Leave a Reply