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Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record

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Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record - NewsBTC

Quick Summary:

After yesterdays inflows, the spot Bitcoin ETFs are now at a new high water market for lifetime flows.Currently at $40.33 billion according to Bloomberg data h/t @EricBalchunas pic.twitter.com/0GKPNlmprs — James Seyffart (@JSeyff) May 9, 2025 Growth Since Launch When US spot Bitcoin ETFs launched in about March 2024, total lifetime inflows was approximately $12 billion.

Based on figures that Bloomberg analyst James Seyffart has shared, spot Bitcoin ETFs have already attracted over $40 billion in lifetime inflows.

Asset managers and hedge funds are now using ETFs to invest in Bitcoin rather than chasing coins individually.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 00:00:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 81 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28549015

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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