Despite market uncertainties and declines across cryptocurrencies, Bitcoin ETFs have shown consistent strength, attracting significant inflows over the past week. Data from SosoValue reveals that spot Bitcoin ETFs recorded a massive inflow of $4.26 billion in just 10 days. This surge follows the start of a sustained inflow streak on May 14, 2025, exceeding previous milestones.
The market has experienced downturns amid broader macroeconomic challenges, with prices of cryptocurrencies like Bitcoin returning to earlier lows. However, institutional investors remain optimistic, evidenced by continued inflows into Bitcoin-based investment firms. This resilience underscores the growing acceptance of Bitcoin as an investment option by traditional financial players.
Specifically, BlackRock’s IBIT led the inflow streak, injecting a substantial $48.88 million on May 28, 2025. Ark 21Shares (ARKB) and Fidelity (FBTC) experienced notable outflows of $34.29 million and $14.05 million respectively, further highlighting the sustained impact of BlackRock’s investment.
The data paints a picture of strong investor confidence in Bitcoin’s potential as an investment class, leading to increased adoption within the financial system.
Read original article on U.Today for full details.