The funds negotiated in exchange for Bitcoin (ETF) experienced a significant increase in demand throughout May, total net entries exceeding $ 5 billion.
This marks an increase of more than 70% compared to April figures and reflects a strong increase in institutional interest while the King part has climbed to a new summit of all time.
BTC ETF entries increase by 76% in May
According to Sosovalue data, BTC ETFs experienced a resurgence of demand in May, net entries totaling $ 5.23 billion. This marked a 76% increase in figure of $ 2.97 billion in April and represented the largest monthly influx since January.
The sharp increase in demand coincided with the BTC gathering to a new summit of all time of $ 111,968 during the month during the revision. This step, drawn by sustained retail momentum and an increasing interest of institutional actors, has injected new optimism into the larger market.
Thus, as the price of the BTC climbed, ETF products have become an increasingly attractive vehicle for large investors who are looking for exposure to digital assets.
A sustained institutional participation as this often leads to price stability and reduced volatility, potentially preparing the way for other BTC rallies in June.
The BTC market sees mixed signals
In the middle of the slight rebound today in commercial activity, BTC is up 1% modest and is currently negotiated at $ 105,216. Its growing open interest confirms the sharp increase in the demand for the king’s medal. This represents $ 72.47 billion at the time of the press, climbing 1% in the last day.
The open interest refers to the total number of active derivative contracts, such as term contracts or options, which have not been settled. An increase in open interest indicates increased market participation and capital entries.
This indicates a gradually strengthening strengthening the momentum on the BTC market and shows a conviction in its price trend.
However, the readings of the Part Options market show signs of lower coverage. According to Deribit, today is marked by a significant demand for put contracts, indicating that many traders are preparing for a potential drawback, even if the trends in underlying assets are higher.
This highlights a distribution of market feeling: strong long -term fundamental principles overshadowed by a short -term persistent uncertainty.
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