US spot bitcoin ETFs draw $532 million as inflows extend to a third day, led by BlackRock and Fidelity

US spot bitcoin ETFs experienced a third consecutive day of positive net inflows on Monday, May 4, attracting $532.2 million. This brings the total inflows over the last three trading days to $1.18 billion. BlackRock's IBIT led the inflows with $335.5 million, followed by Fidelity's FBTC with $184.6 million, and Morgan Stanley's MSBT with $12.2 million. The remaining 10 ETFs, including Grayscale's GBTC, reported zero flows, and no funds saw outflows. As of Monday, the cumulative net inflow into the 13 spot bitcoin ETFs reached $59.3 billion, with total net assets totaling $106.4 billion, representing 6.7% of Bitcoin's market capitalization. This surge in ETF activity coincided with Bitcoin's price rising back above $80,000, a significant psychological resistance level. Meanwhile, US spot ether ETFs also recorded positive inflows of $61.3 million on Monday, also led by BlackRock and Fidelity.

(Source：The Block)