Bitcoin

Spot

Coin

<ul class="news-points">
 <li>Bitcoin spot ETFs hit $154M net inflow, marking the 8th consecutive day of growth.</li>
 <li>BlackRock’s IBIT leads with a $91.95M inflow, boosting the total to $16.08B.</li>
 <li>BTC nears overbought RSI at 69.84, suggesting a possible short-term correction.</li>
</ul>
In a display of crypto market’s potential, the total net inflow of Bitcoin spot ETFs on May 22 reached a record high of $154 million, as <a href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">annotated</a> by SoSoValue data. Remarkably, this marks the eighth consecutive day of net inflows into these funds, signifying a sustained investor interest in Bitcoin through regulated financial instruments.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/ZxiijT-kwNlkdmfH0TBY57dbChXBfWRNwDb3I_WBMIfufzU5hw2RkBWng7OXdzZk1Ff9agl5PhtNoXMAl8ApCEbFyRQd20qMAXxjMzYzXFbQ-cFKmxqxdUWVGjRVP7n52uRCueSP6LQng0GOGSXBXBI" alt="">
</figure>
BTC/USD 24-Hour Chart (Source: <a href="https://coinstats.app/coins/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinStats</a>)
As of press time, Bitcoin (BTC) is trading at $69,558.17, reflecting a modest increase of 0.34% compared to the previous day. Despite this slight uptick, Bitcoin remains 5.84% below its all-time high. Additionally, the current market capitalization is $1.37 trillion, reflecting a 0.25% decline, while its 24-hour trading volume has decreased by 23.39%, now standing at $30.95 billion.
<h2 class="wp-block-heading" id="h-spot-etf-inflow-dynamics">Spot ETF Inflow Dynamics</h2>
Among the various Bitcoin spot ETFs, BlackRock’s ETF IBIT recorded the highest net inflow for the day, amounting to $91.95 mil…
The post <a href="https://coinedition.com/bitcoin-spot-etfs-hit-record-154m-net-inflow-amid-bullish-signals/" rel="noopener noreferrer nofollow">Bitcoin Spot ETFs Hit Record $154M Net Inflow Amid Bullish Signals</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Spot ETFs Hit Record $154M Net Inflow Amid Bullish Signals

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