Investors are ramping up their involvement as Bitcoin and Ethereum ETFs recorded over $1 billion in net inflows in just one day, marking their most substantial intake in months. As the crypto markets regain momentum and institutional interest remains strong, this surge signals that traditional investors are not unplugging from this rally.

Bitcoin ETFs Drive the Action

Bitcoin ETFs took the lead in this financial whirlwind by attracting approximately $935 million in inflows. A significant chunk of this figure stemmed from BlackRock’s iShares Bitcoin Trust (IBIT), which alone drew in a staggering $877 million.

IBIT’s year-to-date inflows have now surpassed $7.7 billion, positioning it as one of the favorite ETFs in the market, be it crypto-focused or otherwise. Contributions from Fidelity’s FBTC and ARK’s ARKB also supported this trend, but IBIT dominated the limelight.

This marks the seventh consecutive day of positive flow for Bitcoin ETFs, which have amassed over $44 billion since their launch in January, indicating a steadily growing market.

Ethereum Benefits from the Upsurge

Though Bitcoin is leading the charge, Ethereum has not been left behind. On the same day, Ethereum ETFs welcomed $110.5 million in inflows—its highest single-day report since February. The Grayscale ETHE fund spearheaded the way with about $44 million, closely followed by Fidelity’s FETH and the smaller yet impactful Bitwise’s ETHW.

Altogether, Ethereum ETFs have enjoyed five consecutive days of inflows, accumulating over $210 million in May alone.

Reasons Behind the Inflow

Several factors are at play: Bitcoin recently oscillated around $110,000, reigniting interest in crypto markets, even from cautious investors.

$1.04B FLOWS INTO CRYPTO ETFS IN A DAY !
On May 22, crypto ETFs saw a massive inflow:
$934.8M into #Bitcoin 💰ETF
$110.5M into #Ethereum🔹 ETF
Total AUM now stands at $137.92B — and it’s climbing!
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— Carl Lewis (@Standard_Expert) Tweet

Looking Forward

This billion-dollar day underscores the growing significance of crypto ETFs in the investment landscape. As these trends progress, this milestone might be recognized as the moment when traditional finance fully embraced cryptocurrency without looking back.