Data: US Bitcoin Spot ETF Total Net Inflow of $5.2 Billion in May
According to ChainCatcher, monitored by crypto analyst Trader T, the total net inflow of US Bitcoin spot ETFs in May was $5.2 billion, while the price of Bitcoin rose by approximately 11%, from $94,200 to $104,000.
BlackRock's IBIT had a total net inflow of $5.9 billion in May, while Grayscale's ETF saw a net outflow of $321 million, and ARKB had an outflow of $292 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Turns Hawkish Again! This Year's Voting Member Logan: At Least Two More Rate Hikes Needed, Pace May Accelerate
On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.
Google Fi "Super Network" launches today for Pixel 9 and newer devices
Crypto prices
More
