Trusted

$5.23 Billion Floods Into Bitcoin Spot ETFs in May | ETF News 

2 mins
Updated by Ann Maria Shibu
Join our Trading Community on Telegram

In Brief

  • Bitcoin spot ETFs saw a $5.23 billion net inflow in May, a 76% surge from April’s $2.97 billion, marking the largest monthly gain since January.
  • BTC hit a new all-time high of $111,968 in May, driven by retail momentum and growing institutional interest in ETFs as a digital asset exposure vehicle.
  • Despite strong BTC rallies and rising futures open interest, the options market shows bearish hedging, indicating short-term trader caution amid long-term optimism.
  • promo

Bitcoin exchange-traded funds (ETFs) saw a significant surge in demand throughout May, with total net inflows exceeding $5 billion. 

This marks an over 70% increase from April’s figures and reflects a sharp rise in institutional interest as the king coin soared to a new all-time high.

BTC ETF Inflows Surge 76% in May

According to data from SosoValue, BTC ETFs saw a resurgence in demand in May, with net inflows totaling $5.23 billion. This marked a 76% surge from April’s $2.97 billion figure and represented the largest monthly influx since January.

Total Bitcoin Spot ETF Net Inflow.
Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

The surge in demand coincided with BTC’s rally to a new all-time high of $111,968 during the month under review. This milestone, driven by sustained retail momentum and growing interest from institutional players, injected fresh optimism into the broader market. 

So, as the price of BTC climbed, ETF products became an increasingly attractive vehicle for large investors seeking exposure to digital assets.

Sustained institutional participation like this often brings price stability and reduced volatility, potentially setting the stage for further BTC rallies in June.

BTC Market Sees Mixed Signals

Amid today’s slight rebound in trading activity, BTC is up by a modest 1% and currently trades at $105,216. Its rising futures open interest confirms the surge in the demand for the king coin. This stands at $72.47 billion at press time, climbing 1% over the past day. 

BTC Futures Open Interest.
BTC Futures Open Interest. Source: Coinglass

Open interest refers to the total number of active derivative contracts, such as futures or options, that have not been settled. A rise in open interest indicates increased market participation and capital inflows.

This signals a gradually strengthening momentum in the BTC market and shows conviction in its price trend.

However, readings from the coin’s options market show signs of bearish hedging. According to Deribit, today is marked by a significant demand for put contracts, indicating that many traders are preparing for potential downside, even as the underlying asset trends higher. 

BTC Options Open Interest.
BTC Options Open Interest. Source: Deribit

This highlights a split in market sentiment: strong long-term fundamentals overshadowed by lingering short-term uncertainty.

Top crypto platforms in the US
Figure Markets Figure Markets Explore
eToro eToro Explore
Plus500 Plus500 Explore
Arkham Arkham Explore
Moonacy Moonacy Explore
Top crypto platforms in the US
Figure Markets Figure Markets Explore
eToro eToro Explore
Plus500 Plus500 Explore
Arkham Arkham Explore
Moonacy Moonacy Explore
Top crypto platforms in the US
Figure Markets Figure Markets
eToro eToro
Plus500 Plus500
Arkham Arkham
Moonacy Moonacy

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Untitled-1.png
Abiodun Oladokun
Abiodun Oladokun is a Technical and On-Chain Analyst at BeInCrypto, where he specializes in market reports on cryptocurrencies from diverse sectors, including decentralized finance (DeFi), real-world assets (RWA), artificial intelligence (AI), decentralized physical infrastructure networks (DePIN), Layer 2s, and meme coins. Previously, he conducted market analysis and technical assessments of various altcoins at AMBCrypto, utilizing on-chain analytics platforms like Messari, Santiment...
READ FULL BIO
Sponsored
Sponsored