U.S. crypto markets saw a renewed burst of ‘institutional demand’ on Thursday, as spot Bitcoin (BTC) and Ethereum (ETH) ETFs posted sizable daily inflows, while regulators and lawmakers signaled potential progress on long-awaited market structure reforms—from crypto ‘perpetual futures’ to clearer rules for digital-asset oversight.
According to data cited by Odaily from SoSoValue, U.S. spot Bitcoin ETFs recorded a combined net inflow of $630 million on May 1 (U.S. Eastern Time). BlackRock’s iShares Bitcoin Trust ($IBIT) led the pack with $284 million in net inflows, followed by Fidelity’s… Read more
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