US Spot Bitcoin ETFs Extend Inflows to Third Day While Ethereum Funds Draw $61 Million
U.S. spot bitcoin ETFs attracted about $532 million on May 4, extending their inflow streak to a third straight day, according to SoSoValue data. U.S. spot Ethereum ETFs added $61.29 million, while spot Solana and XRP ETFs recorded smaller net inflows of $3.28 million and $3.87 million, respectively.
The bitcoin ETF buying was led by BlackRock and Fidelity. The continued inflows follow an earlier move that took bitcoin to $81,000, a 30-day high.
From the sources (7 posts)
@cryptoroverBOOM 🚀 Bitcoin hits 30-day high!
@cryptoroverBULLISH 🚀 Bitcoin ETFs bought $532 MILLION worth of BTC yesterday. BlackRock alone bought $335 MILLION.
@cryptoroverHUGE: Bitcoin hits $81,000! 🚀
@thepfund5/4 Bitcoin ETF Total Net Flow: +$532.19m $IBIT (BlackRock): +$335.46m $FBTC (Fidelity): +$184.57m $MSBT (Morgan Stanley): +$12.16m $BITB (Bitwise): $0.00m $ARKB (Ark): $0.00m $BTCO (Invesco): $0.00m $EZBC (Franklin): $0.00m $BRRR (Valkyrie
@cointelegraph🇺🇸 ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on May 4. BTC: $532.21M ETH: $61.29M SOL: $3.28M XRP: $3.87M
@wublockchainAccording to SoSoValue data, on May 4 (ET), U.S. Bitcoin spot ETFs recorded a total net inflow of $532 million, marking the third consecutive day of inflows. U.S. Ethereum spot ETFs saw a total net inflow of $61.29 million.
@theblockcoUS spot bitcoin ETFs draw $532 million as inflows extend to a third day, led by BlackRock and Fidelity