💰 Spot bitcoin ETF inflows in May have made up for April outflows: analyst

Inflows from spot bitcoin #exchange -traded funds (ETFs) in May have made up for last month's outflows, according to an ETF analyst. "The #BitcoinETFs have put together a solid two weeks with $1.3 billion in inflows, which offsets the entirety of the negative flows in April — putting them back around high water mark of +$12.3 billion net since launch," wrote Bloomberg's senior ETF analyst Eric Balchunas on the #socialmedia platform X.

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