Tuesday's session alone contributed $467.4 million in inflows, following $532 million recorded on Monday.
Bitcoin News
Spot Bitcoin ( BTC) exchange-traded funds pulled in roughly $999 million across two consecutive trading days as Bitcoin climbed back above $81,000, according to SoSoValue data. Tuesday's session alone contributed $467.4 million in inflows, following $532 million recorded on Monday.
Since May 1, the funds have attracted $1.63 billion in net inflows. Cumulative inflows now stand at $59.7 billion, with total assets under management reaching approximately $109 billion, the highest level recorded so far this year.
The two-day stretch follows April's $1.97 billion in total net inflows, sustaining a pattern of strong institutional demand even as Bitcoin navigated a roughly 50% drawdown during the broader cycle. CryptoETF assets saw outflows of only about 8% of holdings during that period, Bloomberg ETF analyst Eric Balchunas noted in a Roxom TV interview Tuesday.
Balchunas attributed the resilience to distribution infrastructure, saying Wall Street wholesalers have been effectively activated by the ETF product structure. "Don't underestimate the firepower of Wall Street wholesalers," he said.
The inflows arrived despite Strategy executive chairman Michael Saylor signaling for the first time that his company could sell some of its Bitcoin holdings to meet corporate obligations, a departure from his long-held position on never selling.
Altcoin funds also recorded gains Tuesday. Spot Ethereum (ETH) ETFs brought in $97.6 million, while XRP funds added $11.3 million and SOL ETFs posted $1.7 million in inflows, according to SoSoValue.
Dogecoin ($DOGE) ETFs stood out with approximately $400,000 in inflows, their first positive session since April 27. That move pushed DOGE's cumulative ETF inflows past $10 million, with total assets under management now at $14 million.
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