BTC, ETH ETFs See $429M Inflows on May 1
Bitcoin and Ethereum ETFs brought in $429M on May 1, with 4,490 BTC and 3,630 ETH purchased amid strong investor interest.
- Bitcoin ETFs added 4,490 BTC worth $422.5M
- Ethereum ETFs saw $6.5M in inflows with 3,630 ETH
- May 1 marks a strong day for crypto ETF activity
Record Inflows for Bitcoin and Ethereum ETFs
May 1 proved to be a landmark day for crypto ETFs in the U.S. market. Bitcoin and Ethereum ETFs combined to draw $429 million in net inflows, signaling robust institutional demand for both digital assets. Bitcoin led the surge with 4,490 BTC worth $422.5 million flowing into spot ETFs. Ethereum ETFs also saw modest but notable activity, adding 3,630 ETH totaling $6.5 million.
These inflows indicate that investors remain highly bullish on crypto, particularly Bitcoin, as a hedge and long-term asset—especially following increasing adoption through regulated financial products like ETFs.
Bitcoin Leads the Way Again
Bitcoin ETFs have consistently outperformed their Ethereum counterparts in terms of inflows. The $422.5 million influx into BTC ETFs reflects growing investor confidence, especially with institutions like BlackRock and Fidelity playing a major role in the space.
This also aligns with Bitcoin’s rising market dominance, which recently hit a four-year high at 64.73%. The ETF inflows reinforce Bitcoin’s position as the leading digital asset in terms of institutional adoption and market maturity.
Ethereum Shows Steady Momentum
While Ethereum’s inflows were comparatively smaller, the $6.5 million in net additions suggests steady investor interest, particularly in anticipation of broader regulatory clarity and potential approval of spot ETH ETFs.
As Ethereum continues to power DeFi, NFTs, and smart contracts, even small movements in ETF investments can have ripple effects across the broader crypto ecosystem.
Together, the inflows for Bitcoin and Ethereum on May 1 reflect a growing appetite among investors to gain exposure to crypto through compliant and regulated channels.
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