iShares Bitcoin Trust ETF Achieves Record Inflows in May
- The iShares Bitcoin Trust (IBIT) ETF recorded $6.22 billion in inflows in May, its highest monthly total.
- IBIT saw 10 consecutive days of inflows toward the end of the month.
- The fund previously reached $6.2 billion in inflows in March 2024.
- IBIT accounted for 90% of all spot Bitcoin ETF flows this month.
- U.S.-listed spot crypto ETFs collectively had $6.74 billion in inflows for May.
In May, IBIT achieved a record $6.22 billion in inflows, surpassing its previous high from March 2024 and dominating the spot crypto ETF market with a significant share of total inflows.
Source (2.6)https://decrypt.co/322827/blackrock-bitcoin-etf-inflows-have-already-hit-a-record-high?rand=52368
