U.S. spot Bitcoin ETF's daily net inflow exceeds $600 million, IBIT's daily inflow reaches $284 million

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Deep Tide TechFlow News, May 5th, according to FinanceFeeds reports, cryptocurrency exchange-traded funds (ETFs) have recently seen strong capital inflows, with the US spot Bitcoin ETF experiencing a single-day net inflow of over $600 million, reflecting ongoing institutional demand for digital assets through regulated investment vehicles.

Specifically, BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate, recording approximately $284 million in net inflows in a single day, remaining the primary tool for institutional Bitcoin allocation. Fidelity’s Wise Origin Bitcoin Fund also contributed significant inflows, pushing the total ETF demand past $600 million. The capital inflows are concentrated among a few large issuers, highlighting the importance of liquidity, scale, and brand trust in attracting institutional capital. Since their launch, BlackRock and Fidelity products have consistently accounted for the majority of total ETF inflows.

This round of capital inflow coincides with Bitcoin trading around $80k. Analysts point out that continued ETF capital inflows will create buying pressure in the spot market, tightening available supply and driving prices higher. In April, the US spot Bitcoin ETF recorded approximately $2.44 billion in net inflows, making it one of the strongest months of the year.

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