From Cointelegraph

May 24, 2025 01:21 am:

US-based spot Bitcoin exchange-traded-funds (ETFs) saw $2.75 billion inflows as Bitcoin surpassed its January all-time high of $109,000. BlackRock’s IBIT led with $430.8 million inflows, while Grayscale’s GBTC had $89.2 million outflows. On May 21, Bitcoin hit $109,000, reaching $111,970 the next day. Currently, Bitcoin trades at $108,141.

Bitcoin’s price drop to $108,490 coincided with a decrease in crypto market sentiment, as the Crypto Fear & Greed Index fell from 78 to 66 in a day. Despite the new highs, analysts believe Bitcoin isn’t overheating, with indicators like funding rate and capital inflow remaining low. Spot Bitcoin ETFs are close to breaking November 2024’s record of $6.49 billion inflows, accumulating $5.39 billion in May.

Read more at Cointelegraph: Bitcoin ETFs post $2.75B in weekly inflows as price sits above $108K