Investor interest in ETFs continues to grow.
On May 22, net inflows into Bitcoin (BTC) exchange-traded funds (ETFs) exceeded $154 million. This is the eighth consecutive day of positive net inflow for these funds. While the Grayscale Bitcoin ETF (GBTC) experienced an outflow of $16 million, the BlackRock Bitcoin ETF (IBIT) performed impressively, attracting $91.9 million in one day. Also, the Fidelity Bitcoin ETF (FBTC) recorded an inflow of $74.5 million. This trend reflects the strong demand for Bitcoin investment products, even in the face of regulatory uncertainties and changes in investor attitudes.