US-listed spot Bitcoin ETFs saw a significant surge in net inflows, reaching $2.75 billion in the week ending on May 23.
The inflows indicate a renewed institutional interest in regulated Bitcoin exposure, with growing confidence in Bitcoin's near-term outlook.
U.S. spot Bitcoin ETFs have accumulated approximately $5.39 billion in inflows for the month, on track to surpass the previous monthly record.
ETF inflows coincide with Bitcoin's price movements and market sentiment, reflecting a shift towards regulated vehicles and suggesting a maturing status for Bitcoin as a portfolio diversifier.