Following Bitcoin‘s surge past $80,000, spot Bitcoin ETFs saw nearly $1 billion in inflows. On Monday, $532 million was invested, followed by $467.4 million on Tuesday. These two days alone brought the total inflow to $999 million. According to SoSoValue data, Bitcoin ETFs have attracted $1.63 billion since the start of May. All-time total ETF inflows have now reached $59.7 billion, with assets under management climbing to a yearly high of $109 billion.
Strong demand and traditional finance links in ETF flows
Demand for Bitcoin ETFs has surged, especially after inflows of $1.97 billion recorded in April. Experts note that rising Bitcoin prices have kept investor interest strong in traditional finance channels as well. Despite a nearly 50% drop in BTC prices during the recent cycle, investments in Bitcoin ETFs remained notably stable. Bloomberg ETF analyst Eric Balchunas revealed that ETF outflows amounted to just 8% over this period. He emphasized the direct relationship with financial sector distribution networks.
Eric Balchunas, speaking on Roxom TV, underlined that “it’s important not to underestimate the power of Wall Street’s major distribution networks,” highlighting the reasons behind robust ETF inflows.
Analysts stress that the ETF structure makes Bitcoin easier to access during rapid market swings, enabling a higher level of engagement from traditional finance institutions. Despite price volatility, investor interest in ETF products has consistently held up.
Altcoin ETFs also see rising inflows
This positive momentum has extended to leading cryptocurrencies such as Ethereum. On Tuesday, Ethereum ETFs attracted inflows of $97.6 million. Meanwhile, XRP ETFs registered $11.3 million in withdrawals, and Solana ETFs saw a modest inflow of $1.7 million.
Dogecoin ETFs saw a notable uptick for the first time since April 27, with approximately $400,000 in new investments. Total Dogecoin ETF inflows have now surpassed $10 million, while assets under management reached $14 million.
These developments indicate growing diversity and demand across crypto investment products, as investors continue to gravitate toward crypto ETFs despite recent market fluctuations.
