The US Bitcoin ETF has had its highest net inflows since March.
According to Odaily, data from Farside Investors show that the US spot Bitcoin ETF received a total net inflow of $948 million between May 13 and May 17, the highest amount since March. According to James Butterfill, CoinShares’ research director, the majority of the money inflow, more than 80%, came in the last three days of the week following the CPI release. This huge increase in net inflows reflects investors’ increased interest in Bitcoin ETFs. However, it is crucial to remember that market conditions can change quickly, and past performance is no guarantee of future outcomes.