Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»May Spot Bitcoin ETF Inflows Make Up for April Outflows: Analyst
ADOPTION NEWS

May Spot Bitcoin ETF Inflows Make Up for April Outflows: Analyst

By Crypto FlexsMay 17, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
May Spot Bitcoin ETF Inflows Make Up for April Outflows: Analyst
Share
Facebook Twitter LinkedIn Pinterest Email

Spot Bitcoin exchange-traded fund (ETF) inflows in May more than made up for last month’s outflows, according to one ETF analyst.

“The Bitcoin ETF had a solid two weeks with $1.3 billion in inflows, offsetting all of April’s negative flows and returning to its highest level of net gains of more than $12.3 billion since launch,” said Eric, senior ETF analyst at Bloomberg. I wrote: Balchunas of social media platform X.

Balchunas argues that the past two months have shown why traders should not be “emotional” about inflows and outflows. It’s “part of ETF life.” He believes spot Bitcoin ETF flows will be net positive in the long term, adding that the amount of flows on both sides remains small compared to the fund’s assets under management, at around 1% and 2%.

“If you think about it, it’s never ‘it’s over’ or ‘it’s back,’” Balchunas said.

In April, spot Bitcoin ETF net withdrawals were approximately $344 million, with approximately $51.5 million leaving on April 29. These outflows were primarily driven by Grayscale’s convertible fund GBTC. However, U.S. spot Bitcoin ETFs recorded net inflows totaling $116.8 million on May 13, reversing four weeks of net outflows, The Block previously reported.

On May 14, 15, and 16, ETF inflows reached $151.4 million, $303 million, and $257.3 million, respectively.

Spot Bitcoin ​​ETF AUM

As Balchunas points out, spot Bitcoin ETF inflows and outflows are minimal compared to fund assets under management. Two of the largest spot Bitcoin ETFs, Grayscale’s GBTC and BlackRock’s IBIT, have assets of $18.27 billion and $17.31 billion, according to The Block’s data dashboard. Fidelity’s fund FBTC also accumulated $9.64 billion.

IBIT and FBTC broke records for how quickly an ETF accumulated $10 billion in assets under management. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) previously held this record, taking about three trading years to amass $10 billion in AUM. IBIT raised that amount in 49 trading days, with FBTC coming in second with 77 days, The Block previously reported.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

BNB Chain Launches $300K TVL#4 Incentive Program to Strengthen DeFi Ecosystem

September 5, 2024

Ethereum at $36,800? Token Terminal predicts when this will happen.

November 26, 2023

Inflows into digital asset investment products break annual record: CoinShares

May 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.