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BTC rallied to a May 12 high of $105,756 before retreating amid uncertainties surrounding the GENIUS Act<\/a>. However, US BTC-spot ETF market inflows cushioned the downside, holding BTC above $100,000.<\/p>\n According to Farside investors, BTC-spot ETF issuers recorded total net inflows of $608.4 million in the week ending May 16. BlackRock\u2019s (BLK<\/a>) iShares Bitcoin Trust (IBIT<\/a>) dominated, with net inflows of $841.7 million. Meanwhile, Fidelity Wise Origin Bitcoin Fund (FBTC<\/a>) had net outflows of $122.2 million.<\/p>\n Notably, the US BTC-spot ETF market extended its inflow streak to five weeks.<\/p>\n ETF Store President Nate Geraci remarked on IBIT\u2019s flows, stating:<\/p>\n \u201ciShares Bitcoin ETF now w\/ inflows 22 of past 23 days\u2026 $6+bil new $$$. This is legit inst\u2019l & wealth management $$$ being allocated IMO. No view on price, but still think extremely early in mainstream \u201ctradfi\u201d adoption. Like top of the 1st inning. Maybe 2nd.\u201d<\/p>\n<\/blockquote>\n The ongoing deployment of longer-term capital into BTC-spot ETFs could further support BTC price gains.<\/p>\n<\/div>\n [ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":" [ad_1] BTC rallied to a May 12 high of $105,756 before retreating amid uncertainties surrounding the GENIUS Act. However, US BTC-spot ETF market inflows cushioned the downside, holding BTC above $100,000. According to Farside investors, BTC-spot ETF issuers recorded total net inflows of $608.4 million in the week ending May 16. BlackRock\u2019s (BLK) iShares Bitcoin Trust (IBIT) dominated, with net inflows of $841.7 million. Meanwhile, Fidelity Wise Origin Bitcoin Fund (FBTC) had net outflows of $122.2 million. Notably, the US BTC-spot ETF market extended its inflow streak to five weeks. ETF Store President Nate Geraci remarked on IBIT\u2019s flows, stating: \u201ciShares Bitcoin ETF now w\/ inflows 22 of past 23 days\u2026 $6+bil new $$$. This is legit inst\u2019l & wealth management $$$ being allocated IMO. No view on price, but still think extremely early in mainstream \u201ctradfi\u201d adoption. Like top of the 1st inning. Maybe 2nd.\u201d The ongoing deployment of longer-term capital into BTC-spot ETFs could further support BTC price gains. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":45887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-45886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/45886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=45886"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/45886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/45887"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=45886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=45886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=45886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n