tl;dr
BlackRock’s IBIT ETF led all US exchange-traded funds (ETFs) in inflows on May 22, attracting $877.18 million following Bitcoin’s rally to a new all-time high above $110,000. This surpassed inflows into traditional ETFs like Vanguard’s VOO. Increased trading volume and inflows in Bitcoin ETFs reflec...
On May 22, BlackRock’s IBIT ETF led all US exchange-traded funds (ETFs) in inflows, attracting an impressive $877.18 million.
This surge coincided with Bitcoin rallying to a new all-time high above $110,000, surpassing major traditional funds like Vanguard’s VOO, which saw $558 million in inflows that day.
Analyst Eric Balchunas highlighted that Bitcoin ETFs are currently experiencing volumes twice their average amid the price surge, indicating growing institutional interest.
Lifetime net inflows into all Bitcoin ETFs have now exceeded $44.5 billion, with BlackRock’s IBIT alone adding about $8 billion over the past five weeks.
Such elevated trading activity reflects a significant shift as investors increasingly favor regulated crypto investment vehicles.
Balchunas noted: “All the BTC ETFs are elevated, most gonna see 2x their average. Flows > incoming.”
This trend highlights Bitcoin’s expanding role in the investment landscape and growing confidence among institutional investors in cryptocurrency products.