Digital Asset Funds Hit $3.3B Weekly Inflows, Bitcoin ETFs See $5.77B in May as Price Tops $110,000

Digital asset investment funds recorded $3.3 billion in inflows last week, bringing the year-to-date (YTD) total to a record $10.8 billion, according to data cited by Cointelegraph and CoinShares.

Total assets under management (AuM) for digital asset funds reached an all-time high of $187.5 billion. May has seen the best performance for U.S.-listed spot Bitcoin ETFs since November, with net inflows of $5.77 billion for the month and Bitcoin's spot price reaching record highs above $110,000.

U.S. Bitcoin ETFs registered $3.294 billion in net inflows for May and have experienced nine consecutive days of inflows. BlackRock's IBIT led with the most inflows, while Grayscale and ARK saw outflows.

Ethereum ETFs also saw increased activity, with $273.3 million in inflows over the past five sessions and $346 million over the past ten sessions. BlackRock's Ethereum ETF recorded $32.5 million in inflows in a single day.

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