US Spot ETF Market Sees Significant Inflows in May

The past week has seen significant investment activity in the US spot cryptocurrency exchange-traded funds (ETFs) market.

Spot Bitcoin ETFs have attracted a total of $1.25 billion since early May, while spot Ethereum ETFs have drawn in around $170 million over the same period.

According to data from SoSoValue, the largest single-day inflow into Ethereum ETFs was recorded on May 1, with investors putting in over $101 million.