the cryptocurrency market is witnessing a significant surge in capital flowing into Bitcoin ETFs, with Bitcoin’s price currently around $108,000.For the first time in four weeks, US spot Bitcoin ETFs have recorded positive net inflows each trading day, indicating a consistent influx of funds.

Record Influx: $2.75 Billion in a Single Week

Last week alone, a total of $2.75 billion was invested in Bitcoin ETFs, more than four times the amount from the previous week.This robust growth suggests increasing investor confidence despite recent price volatility.

On May 21, the weekly inflow peaked at $60 million. That same day, the Bitcoin price surpassed $109,000 and reached a new all-time high of $111,970 the following day. Currently, the price remains stable above $108,000.

“Bitcoin is on the best way to achieve a new historical record in ETF inflows in May.”

blackrock Dominates the Field

The iShares Bitcoin Trust (IBIT) from Blackrock accounted for the largest share of this positive trend,recording $430.8 million on May 23, marking its eighth consecutive day of net inflows. In contrast, other ETFs experienced weaker performance: the Grayscale Bitcoin Trust (GBTC) saw a loss of $89.2 million, while ARK 21Shares (ARKB) lost $73.9 million.

On Track for a Monthly Record

With five trading days in May, spot Bitcoin ETFs have already accumulated $5.39 billion.The previous monthly record of $6.49 billion, set in November 2024, is now within reach. Institutional investors are demonstrating particularly strong interest; this week, asset manager Blackstone invested approximately $1 million in Blackrock’s Spot-Bitcoin ETF.

The advantage for institutions is clear: Bitcoin ETFs offer a straightforward and regulated means of participating in the market, eliminating the complexities and risks associated with self-custody.

Market Sentiment Cools Slightly

Despite the strong price performance, market sentiment has cooled somewhat. The Crypto Fear & Greed Index has decreased from “extreme Gier” (78) to “moderate greed” (66). According to analyst crypto Dan, this is not necessarily negative, suggesting the market is not overheated and short-term investors have only taken limited profits.

Bitcoin is well-positioned to achieve a new historical record in ETF inflows in May. The increasing involvement of institutional players is a clear indication of Bitcoin’s growing integration into the traditional financial system.