Bitcoin exchange-traded funds in the U.S. continue to attract investor attention, registering over $600 million in inflows across the past week.
Despite a rocky start to Q2, these crypto investment vehicles have now notched five straight weeks of net capital inflow — a sign that institutional appetite for BTC exposure remains resilient, even as the pace of inflows begins to cool.
Data from Farside Investors reveals that Friday, May 16, was the strongest day of the week, with spot Bitcoin ETFs pulling in $260 million in a single session. That marked the third consecutive day of gains after mid-week withdrawals temporarily disrupted the flow.
Leading the charge was BlackRock’s iShares Bitcoin Trust (IBIT), which alone absorbed nearly $130 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with almost $68 million, while ARK and 21Shares’ jointly managed fund (ARKB) saw just under $58 million. Grayscale’s newer offering, the Bitcoin Mini Trust, added $4.6 million.
Although the total inflow for the week remained positive, it was noticeably lower than the boom seen in April, when ETFs posted more than $3 billion in just five days. The last time U.S. Bitcoin ETFs crossed the $1 billion weekly mark was at the end of April, with $1.8 billion pouring in.
The sustained but tapering interest suggests that while enthusiasm hasn’t vanished, investors may be growing more cautious after several weeks of aggressive accumulation.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/u-s-bitcoin-etfs-maintain-five-week-inflow-streak/