Source: Trader TThe total inflow figure for all 11 spot ETFs was $607.1 million, with the Fidelity Wise Origin Bitcoin Fund (FBTC) seeing the second-most inflows for the day at $23.5 million. Related: BlackRock’s Bitcoin ETF posts $356 million inflows, marking the longest streak of 2025Bloomberg ETF analyst Eric Balchunas called the ETF inflows a “classic feeding frenzy” caused by Bitcoin’s recent price rally, which has seen it extend to nearly $112,000 in early May 22 trading. Balchunas added that the last time ETF trading volumes soared to current levels was in January, around Bitcoin’s then all-time high.“All the Bitcoin ETFs are elevated, most are gonna see 2x their average flows incoming,” he said.
IBIT also saw its largest volume day since January, according to the ETF tracking X account Trader T. “Given trading volume today, expect these inflow numbers to increase,” said ETF Store president Nate Geraci. BlackRock IBIT net flows.
Source: Eric Balchunas The big ETF inflow and volume day came as Bitcoin notched a new all-time high above $110,000 late on May 2, and it has continued to rally to a top of just under $111,897 on Coinbase, according to TradingView.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Martin Young
The story "BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K" has 441 words across 14 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K" was covered 11 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 54 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
