Bitcoin and Ethereum ETFs Smash $1 Billion Inflow Mark: A Crypto Frenzy!

Holy moly, folks! Bitcoin and Ethereum ETFs just raked in over a billion dollars in net inflows, the highest since November 2024. That's right, the crypto world is on fire!

BTC's new all-time high has sent investors into a frenzy, with spot Bitcoin and Ethereum ETFs seeing over $1 billion in net inflows on May 22. It's the best performance these ETFs have had since November 2024, and trust me, it's wild out there!

Spot Bitcoin ETFs are leading the charge, pulling in a whopping $934 million in a single day, their best since January 17. That brings the total assets under management to a mind-blowing $104 billion. Can you believe it?

BlackRock's IBIT fund is the big winner, holding a massive 651,620 Bitcoins. They've just surpassed Binance to become the second-largest Bitcoin holder, only behind Satoshi Nakamoto's mysterious, untouched wallet with 1.123 million BTC. And get this, Michael Saylor's strategy is hot on their heels with 576 Bitcoins. It's a wild ride at the top!

Ethereum ETFs Ride a Five-Day Inflow Wave

Meanwhile, Ethereum ETFs are not far behind, with $110 million in net inflows, the biggest single-day gain since February 4. Grayscale's ETHE fund is leading the pack with $43.7 million in net inflows. These funds are on a roll, seeing positive inflows for five days straight and holding a cool $10.07 billion in assets.

This surge comes after ETH's price skyrocketed by 44% since May began. It's clear that investors are still all in on Ethereum, even as other tokens wait in the wings for their own spot ETFs.

Traders are jumping on the Bitcoin bull market rally like it's a free-for-all. BTC hit a new all-time high of $111,970 on May 22, and the crypto markets are holding strong, even as the stock market takes a hit from U.S. government debt and tariffs. It's a wild time to be in crypto, folks!