Spot Bitcoin in the USA $108,877.58 While investments for ETFs do not slow down, BlackrockIshares Bitcoin Trust (IBIT) marked the series on May 28th. The uninterrupted entrance wave of the sector, which reached 10 days in total, climbed to 4.26 billion dollars, while the last trading day’s fresh capital of 432.7 million dollars almost flowed to IBIT. Ark Invest’s ARKB product 34.3 million dollars, Fidelity’s FBTC saw $ 14 million output. ETFs of other exporters could not produce a significant movement. Thus, in the ETF race, which started in January 2024, IBIT made a difference to its competitors with a net capital flow of $ 49 billion.
IBIT’s unique performance in the 10 -day capital flow
IBITHas not seen a single capital output since April 9th. Only three days remained in the zero capital flow. This marathon, which has spread over 33 working days, added $ 9.31 billion to the safe of the fund and carried its managed assets to the 23rd place in the entire ETF universe with $ 72 billion. Bloomberg’s senior analyst Eric Balchunas“A crazy level for a one -year -old fund,” he summarized the situation.
President of ETF Store Nate Geraci “Total Spot Bitcoin ETF category was thought to be the upper limit of 10 billion dollars, IBIT gathered it in a month,” he stressed the size of the situation. In short, IBIT, Crypto Money MarketRadically redefine expectations of the expectations.
Experts describe IBIT’s capital flow graph with the analogy of “PAC-Man”, while noting that the fund enlarged the market share at the same speed. Moreover Grayscale$ 23.1 billion from the high -paid GBTC of the GBTC was not enough to feed IBIT’s appetite. IBIT is still in the top five lists of the US ETF since the beginning of the year.
While the balance changed in the ETF market, eyes turned into volume
In addition to capital flow, the transaction volume breaks a record. Last week BitcoinIn the days when the price of 112 thousand dollars climbed, Spot Bitcoin ETFs in the US saw the summit of the year with more than $ 25 billion. On May 28, a volume of $ 3.4 billion was produced. 2.6 billion dollars of this volume came from IBIT and the market share of the fund was based on the 80 percent limit in volume. The fund shows the sharp change in the corporate investor’s view of the crypto currency market.
The same day spot ethereum 
$2,731.17 ETFs also caught 84.9 million dollars of fresh capital entry. Blackrock’s ETHA leads with $ 52.7 million, while the products of Fidelity, Grayscale and Invesco supported the painting with smaller sums. Positive Ethereum ETF Capital Entry Series, which lasted for eight days, reached 394.1 million dollars. The total net entrance reached 2.9 billion dollars. Thus, the two large crypto currencies take place side by side on the traditional shelves of Wall Street, while the spot crypto currency ETF market continues to grow.
Bitcoin was traded around 108 thousand 492 dollars at the time of preparing the news, while analysts will continue to volatility in both price and ETFs in capital flows, and IBIT will not easily leave my momentum.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
