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Bitcoin ETF Inflows Surge as Basis Trade Nears 9%, Signaling Renewed Demand

The U.S.-listed spot bitcoin BTC BTC - $70490.884 exchange-traded funds (ETFs) recorded $667.4 million in net inflows on May 19, the largest single-day total since May 2, signaling renewed institutional interest.

Source: coindesk.com

Related symbols: BTCUSD

2025-05-20 08:30:02 GMT.

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BTC

Price & Market Data

Price: $70490.884

Volume 24h: $97,887,381,314.42

Market Cap: $1,408,787,814,651.00

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,985,068. The last known price of Bitcoin is 65,845.06211313 USD and is down -7.72 over the last 24 hours. It is currently trading on 12558 active market(s) with $145,654,273,281.70 traded over the last 24 hours. More information can be found at https://bitcoin.org/.