Bitcoin Surges 11% in May Amidst $5.2 Billion Spot ETF Inflows

In a significant development for the cryptocurrency landscape, data from Trader T highlights that the **total net inflow** into the US Bitcoin spot ETF reached **$5.2 billion** in May. This surge coincided with an **11% increase** in Bitcoin’s price, which escalated from **$94,200 to $104,000**. Moreover, BlackRock’s **IBIT** recorded an impressive net inflow of **$5.9 billion** during the same month. In stark contrast, the **Grayscale** ETFs experienced a net outflow of **$321 million**, while **ARKB** faced a withdrawal of **$292 million**. These figures underscore the shifting dynamics within the cryptocurrency investment space, where institutional interest continues to play a pivotal role. As Bitcoin maintains its upward trajectory, investors are closely monitoring the implications of such flows on market sentiment and long-term valuation.