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Bitcoin Surges: $422M Inflows to ETFs

Spot Bitcoin ETFs Attract Over $422 Million on May 1

  • Spot Bitcoin ETFs saw an inflow of $422.45 million on May 1.
  • IBIT led individual fund inflows with $351.38 million.
  • BTC and BITB funds received $41.92 million and $38.39 million, respectively.
  • Ethereum ETFs garnered a total of $6.49 million in capital.

The cryptocurrency market witnessed a significant influx into spot Bitcoin ETFs, totaling over $422 million on the first day of May, with IBIT leading the charge at $351.38 million.

Source (2.6)https://hodl.press/over-422m-flows-into-spot-bitcoin-etfs-on-may-1/?rand=24434
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