According to Farside, capital inflows into the bitcoin-ETF spot crypto fund market have been seen since mid-May.
For two consecutive weeks, investors have entered crypto funds – this is the longest capital inflow to the market since February 2024. Recall, bitcoin-ETFs were issued on the US stock market in January.
The largest holder of BTC by the end of last month was the IBIT fund from BlackRock. February’s influx of investment in BTC ETFs resulted in the digital currency soaring to $73,700 in March.
Investors entered crypto funds for 13 consecutive days. Just this past Friday, the inflows were replaced by a small outflow.
The ARKB fund recorded an exit of $100 million. However, capital inflows into other similar products offset the losses.
As a result, net capital investments in crypto funds bitcoin-ETF for the day amounted to about $48.8 million, analysts emphasized.