According to @EricBalchunas, IBIT, the spot Bitcoin ETF, has climbed to the 6th position in inflow rankings, with nearly double the inflows compared to GLD, the SPDR Gold Shares ETF, which has dropped to 17th place. Despite gold outperforming bitcoin year-to-date, the strong capital movement into IBIT highlights growing investor preference for crypto exposure through regulated ETFs. This shift in fund flows signals increased institutional interest in digital assets and may impact bitcoin's price momentum as new capital enters the market (source: @EricBalchunas Twitter).

According to Eric Balchunas, IBIT ETF recorded another $500 million inflow yesterday, marking a 15-day streak and moving it to 6th place in year-to-date fund flows, surpassing GLD despite IBIT being up only 4% versus GLD's significant rally. This sustained capital inflow into IBIT, even during modest performance, is viewed as a strong sign of long-term investor confidence in crypto ETFs, potentially signaling sustained institutional interest and support for Bitcoin price stability. Traders should note the robust demand for spot Bitcoin exposure through regulated instruments, which may drive further positive sentiment and liquidity in the broader cryptocurrency market (source: Eric Balchunas on Twitter, May 6, 2025).