Bitcoin ETF Inflows Smash Weekly Record at $4.8B as Institutions Pile In
Spot Bitcoin ETFs recorded their strongest week ever with $4.8 billion in net inflows, with BlackRock's IBIT alone attracting $2.1 billion from pension and sovereign wealth funds.
US spot Bitcoin ETFs set a new record for weekly net inflows, attracting $4.8 billion in the week ending May 24th, eclipsing the previous record of $3.2 billion set in February 2024.
BlackRock Leads the Charge
BlackRock's iShares Bitcoin Trust (IBIT) captured the lion's share with $2.1 billion in weekly inflows, bringing its total assets under management to $52 billion.
Sovereign Wealth Fund Entry
Multiple sovereign wealth funds from the Gulf region and Southeast Asia are among the new institutional entrants, according to SEC 13F filings analyzed by market data firm Kaiko.
Price Impact
The ETF demand has created a significant supply squeeze, with Coinbase's OTC desk reporting Bitcoin available for large block trades at a 0.3-0.8% premium to spot price, a strong signal of tight institutional supply.
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Spot Bitcoin ETFs recorded their strongest week ever with $4.8 billion in net inflows, with BlackRock's IBIT alone attracting $2.1 billion from pension and sovereign wealth funds. Read our full analysis above for in-depth coverage.
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