In the midst of a market rally and Bitcoin reaching a new three-month high, inflows into Bitcoin ETFs remain low.
Current Status of Bitcoin ETFs
On May 12, 2025, Bitcoin ETFs recorded their lowest inflow of $5.2 million even as Bitcoin surged to $105,819. This indicates investor caution at high Bitcoin prices.
BlackRock's Dominance in ETFs
BlackRock continues to lead the Bitcoin ETF market with a significant inflow of $69.41 million. In contrast, Grayscale's Bitcoin Trust faced an outflow of $32.92 million, highlighting investor preference for more efficient ETF options.
ETF Market Impact on Investments
Despite the modest inflow of $5.2 million, Bitcoin ETFs saw a total of $1.43 billion in May. The broader ETF market, with assets totaling $10.5 trillion, displays growth in active ETFs now exceeding $1.01 trillion.
Overall, the current market situation reflects investor caution at high Bitcoin prices and significant inflows into more efficient ETFs from BlackRock.