US Bitcoin ETFs Near Record Month After $1.5B Inflows in 2 Days

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Ah, dear reader! Gather ’round as we embark on a tale of financial wizardry, where spot Bitcoin exchange-traded funds (ETFs) in the United States are galloping towards a record-breaking month, much like a horse that has just discovered the joys of carrots! 🥕

In a dazzling display of monetary acrobatics, these US-listed spot Bitcoin (BTC) ETFs have managed to attract more than $1.5 billion in combined inflows over a mere two-day period. On May 21, a staggering $608 million flowed in, followed by an even more impressive $934 million on May 22, as reported by the ever-reliable Sosovalue. One can only imagine the confetti raining down in the offices of these financial wizards! 🎉

Should this miraculous performance repeat itself, we might witness monthly inflows soaring to a jaw-dropping $6.68 billion, eclipsing the previous record of $6.49 billion set in the distant past of November 2024. Oh, how time flies when you’re having fun with money! 💸

Thanks to these “robust” ETF inflows, Bitcoin has ascended to a new all-time high of $112,000 on May 22, only to take a slight detour back to above $110,700 on May 23. A 19% increase in just a week? It seems Bitcoin is on a rollercoaster ride that would make even the bravest of souls dizzy! 🎢

Stella Zlatareva, the sage of Nexo, proclaimed that these inflows and Bitcoin’s meteoric rise signal a growing institutional demand, all while profits are realized “without increased sell pressure.” A true financial ballet, if you will! 💃

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However, let us not forget that gold’s $22.3 trillion market capitalization is still over 10 times larger than Bitcoin’s $2.2 trillion, making BTC the world’s fifth-largest asset, according to CompaniesMarketCap data. A classic case of the tortoise and the hare, wouldn’t you say? 🐢🐇

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2025-05-23 15:56