U.S. Bitcoin ETFs Amass 2,212 BTC in a Day, Led by BlackRock and Fidelity

By: Eva Baxter

Significant Inflows Into Bitcoin ETFs

On May 22, Bitcoin (BTC) exchange-traded funds (ETFs) saw major activity, securing a total of $154.0 million. Farside data indicates that only three ETF issuers recorded positive inflows during this period.

Leading the surge yet again, BlackRock’s IBIT attracted $92.0 million in inflows, raising its total net inflow to an impressive $16.1 billion. Fidelity’s FBTC also gained substantially with $74.6 million, bringing its total net inflow to $8.7 billion. Conversely, Grayscale’s GBTC experienced an outflow for the first time since May 14, amounting to $16.1 million and raising its total net outflows to $17.6 billion. Overall, the total net inflows of Bitcoin ETFs now stand at $13.3 billion, according to Farside data.

Additionally, inflows for U.S. ETFs on May 22 amounted to 2,212 Bitcoin, as reported by Heyapollo.