Bitcoin Fever (BTC) does not give a ceasefire. Over the past 10 days, Bitcoin has registered a certain capital stream by citing funds (ETFs) in US cash.
Yesterday, May 28th US cash Bitcoin ETF raised $432 million on net ticketsaccording to SOSO value data.
This flow adds to ten consecutive revenue streaks, totaling $4200 million.
Since its release, These funds have accumulated net tickets of $45,000 millionproves institutional investors’ trust in Bitcoin.
The undisputed protagonist of this trend is the Isshares Bitcoin Trust (IBIT), managed by BlackRock. On the last day, the fund won $480 million, leading the sector’s performance.
In contrast, other ETFs such as the Fidelitywise Origin Bitcoin Fund (FBTC) and the Ark 21 Share Bitcoin ETF (ARKB). They registered $14 million and $34 millionrespectively. The remaining Bitcoin-based funds remained unchanged in flow.
IBIT is the giant of Bitcoin ETF
Ishares Bitcoin Trust stands out not only for its recent entrance, but also for its integration as the world’s biggest Bitcoin backdrop, as reported in Cryptootics.
Over the past 30 days, IBIT has attracted $9.2 billion, as seen in the SOSO value graphics. said Nate Gelachi, an ETF expert This volume will be placed in one of the five main ETFs of the 2025 entrycompetes with more than 4,200 funds in the market.
He currently manages his assets for $707 million. Gerasi described the performance as “rid haha,” saying IBIT is setting a precedent for the sector.
Bloomberg Intelligence analyst Eric Baltunas highlighted the speed at which this background has risen to the position.
Impact on Bitcoin Price
Certain capital revenues in Bitcoin have a direct impact on the currency’s price. This is because managers of these funds must acquire Bitcoin to support the shares issued. This increases market demand.
This phenomenon promotes the price of Bitcoin based on supply and demand laws. To be precise, for the past 10 days, Bitcoin has reached a historic maximum of $112,000, and remains at around $108,000 today.
Bitcoin ETF behavior in cash reflects a shift in perceptions among institutional and corporate investors (the main participants in this type of product) who are seeing opportunities to diversify their portfolios.
As these funds acquire positions, the Bitcoin market will be integrated as a space of interest for traditional stakeholders in the financial sector.