Bitcoin ETF Inflows Surge as Ethereum Signals Potential Breakout

Bitcoin exchange-traded funds (ETFs) experienced a surge in inflows exceeding $385 million on May 27th, signaling sustained institutional interest in the cryptocurrency. This followed closely on the heels of an equally strong performance by Ethereum ETFs, which saw inflows of over $38 million, fueled by optimism surrounding potential altcoin rotation. Major players such as Fidelity and ARK continue to drive this activity. Meanwhile, large treasury allocations from institutions including BlackRock and iShares are bolstering market confidence.