List of Flash News about BTC ETH price forecast
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2025-05-23 15:20 |
Bitcoin ETFs See $954.77M Inflows as Ethereum ETFs Attract $47.31M: May 23 Crypto ETF NetFlow Analysis
According to Lookonchain, on May 23, ten Bitcoin ETFs recorded a net inflow of 8,725 BTC, equivalent to $954.77 million, highlighting robust institutional interest. Notably, iShares (BlackRock) ETFs accounted for 7,862 BTC ($860.31 million) of these inflows and now hold 651,617 BTC ($71.31 billion) in assets. Meanwhile, nine Ethereum ETFs saw a net inflow of 18,358 ETH ($47.31 million), with Fidelity leading at 15,984 ETH ($41.19 million) and a total holding of 410,157 ETH. These significant ETF inflows underscore rising demand from traditional finance, often interpreted by traders as a bullish signal for both Bitcoin and Ethereum price trends. Source: Lookonchain Twitter, May 23, 2025. |