Spot Etfs Pulls in $ 5.77B in May, their best achievement since November

The 11 US-listed Spot Bitcoin Exchange-Traded Funds (ETF) have registered a net flow of $ 5.77 billion this month, the highest since November, according to Data Source Sosovalue.

Most of these efforts have been bold directional playbacks, with an interest in cash-and-bearing arbitrage acts recently collected. Such has been the investor’s demand that these ETFs have experienced net outflows in just four days since mid -April.

Blackrocks Ibit has received the most influx, with Bitcoin’s spot price that hits fresh record heights over $ 110,000.

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