Bitcoin ETFs Attract $2.75B as Greed Eases From Extreme Levels
Reading Time: < 1 minute
Despite a slight retreat in crypto market sentiment, Bitcoin ETFs racked up $2.75 billion in weekly inflows—their strongest week since January—as BTC reclaimed its $109K peak.
BlackRock’s IBIT extended its inflow streak to eight days with $430.8M on May 23, offsetting outflows from GBTC ($89.2M) and ARKB ($73.9M). Bitcoin later set a fresh ATH at $111,970 before settling near $108K.
The Crypto Fear & Greed Index slipped to 66 (“Greed”) after hitting 78 (“Extreme Greed”), reflecting a tempered but still bullish outlook.
Follow and like us on