U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds recorded $667.44 million in net inflows on May 19, marking the fourth consecutive day of positive momentum.
Meanwhile, Ethereum (CRYPTO: ETH) ETFs also saw modest gains, with $13.66 million in net inflows and no redemptions across all nine listed products, according to SoSoValue data.
The strong inflows follow a broader institutional trend, backed by Standard Chartered‘s note on Tuesday, which suggests Bitcoin is gaining traction among a more diverse set of buyers despite some near-term headwinds.
While the …