Bitcoin ETFs are experiencing record-breaking inflows, impacting market dynamics with over $667 million poured into the sector in a single day. This surge is primarily driven by BlackRock’s impressive contributions, leading with an estimated $307 million inflow on May 19th. The positive trend for Bitcoin is reflected in its price recovery, reaching a new high of $105K after a 3% rise. This resurgence was further bolstered by the strong performance of other major players like Fidelity ($188 million) and Ark Invest’s ARKB ETF ($155 million). This activity has led to a record-breaking trading volume of over $3.63 billion, with U.S. spot Bitcoin ETFs accounting for 5.96% of the cryptocurrency’s market capitalization.