It was a milestone week for Bitcoin—first smashing its $109K record, then fueling a $2.75B ETF inflow frenzy as institutional money poured in.
BlackRock’s IBIT led the charge with eight straight days of gains, including a $430.8M haul on May 23. Meanwhile, Grayscale and ARK 21Shares faced minor outflows. The surge came just as BTC notched a new all-time high of $111,970.
Though prices dipped slightly to $108,141, the real story was the ETF demand, which quadrupled week-over-week. Even as market sentiment cooled from “Extreme Greed” to “Greed,” the rally’s momentum held strong.