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U.S. spot Bitcoin ETF funds recorded net inflows of approximately $629.8 million on May 1, marking the second consecutive day of positive flows. Data from Versaid Investors confirms this increase in institutional demand.
U.S. spot Bitcoin ETFs experienced strong inflows
The latest figures show a clear rise in investor confidence. The BlackRock's IBIT fund topped the list of the most inflowing funds, with net inflows of $284.4 million. Followed closely by Fidelity's FBTC fund, adding $213.4 million. The Ark Invest's ARKB fund contributed $88.5 million, while Bitwise BITB, VanEck HODL, Morgan Stanley MSBT, and Grayscale Mini BTC funds added smaller amounts.
This is the second consecutive day of positive inflows for Bitcoin ETF funds in the U.S. spot market. This trend indicates increasing institutional interest in investing in Bitcoin through regulated products.