In the week ended May 24, the U.S. spot bitcoin ETF recorded its highest weekly volume since 2025, with a total trading volume of $25 billion and a net inflow of $2.75 billion, the second-highest weekly net inflow of the product since its listing in early 2024. BlackRock's IBIT currently holds 3.3% of the global Bitcoin supply, and the fund's net worth is over $71 billion, about three times that of second-ranked Fidelity FBTC. Over the same period, Ethereum spot ETFs saw net inflows of around $250 million, the highest since early February, despite a slight pullback in volume. (TheBlock)
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In the week ended May 24, the U.S. spot bitcoin ETF recorded its highest weekly volume since 2025, with a total trading volume of $25 billion and a net inflow of $2.75 billion, the second-highest weekly net inflow of the product since its listing in early 2024. BlackRock's IBIT currently holds 3.3% of the global Bitcoin supply, and the fund's net worth is over $71 billion, about three times that of second-ranked Fidelity FBTC. Over the same period, Ethereum spot ETFs saw net inflows of around $250 million, the highest since early February, despite a slight pullback in volume. (TheBlock)