Bitcoin recently surged past the $110,000 mark, setting a new all-time high.
In May, U.S.-based spot Bitcoin ETFs amassed net inflows totaling $5.77 billion, marking their strongest monthly performance since November, according to SoSoValue.
Investor enthusiasm has been driven by aggressive directional bets and increased activity in cash-and-carry arbitrage opportunities. Since mid-April, these ETFs have only experienced net outflows on four separate days.
Among them, BlackRock’s IBIT ETF attracted the largest share of inflows amid Bitcoin’s rally to record levels.
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