{"id":342,"date":"2026-05-04T14:43:09","date_gmt":"2026-05-04T14:43:09","guid":{"rendered":"https:\/\/1stblock.info\/?p=342"},"modified":"2026-05-04T14:43:10","modified_gmt":"2026-05-04T14:43:10","slug":"spot-bitcoin-etfs-pull-in-629m-as-recovery-extends-into-may","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=342","title":{"rendered":"Spot Bitcoin ETFs Pull In $629M as Recovery Extends Into May"},"content":{"rendered":"\n<p>U.S. spot Bitcoin ETFs recorded <strong>$629.8 million<\/strong> in net inflows on May 1, lifting cumulative net inflows since their January 2024 launch to <strong>$58.72 billion<\/strong>, <em>according to data compiled by Farside Investors<\/em>. The figure marked the strongest single-day result in weeks and pushed April&#8217;s monthly total to roughly <strong>$2.44 billion<\/strong> \u2014 almost double the <strong>$1.32 billion<\/strong> logged in March.<\/p>\n\n\n\n<p>BlackRock&#8217;s iShares Bitcoin Trust dominated the session with <strong>$284.4 million<\/strong> in fresh capital, while Fidelity&#8217;s FBTC added <strong>$213.4 million<\/strong>. Across all issuers, no fund recorded outflows on the day. Total assets across U.S. spot Bitcoin ETFs climbed to nearly <strong>$102 billion<\/strong> by the end of April, with iShares alone capturing more than <strong>70%<\/strong> of monthly flows.<\/p>\n\n\n\n<p>The buying coincided with <strong>BTC<\/strong> reclaiming the <strong>$79,000\u2013$80,000<\/strong> range after a months-long descent from its October peak near <strong>$125,000<\/strong>. The cumulative inflow figure remains shy of the <strong>$61.19 billion<\/strong> record set last October, <em>per CoinDesk<\/em>, suggesting the recovery in ETF demand is real but still incomplete.<\/p>\n\n\n\n<p>Analysts at Bernstein noted <em>in a recent client note<\/em> that the pace of fresh capital indicates new money entering the asset class rather than rotation between existing products. Micha\u00ebl van de Poppe flagged <strong>$79,000<\/strong> as the level that has to give way for momentum to extend toward the <strong>$86,000\u2013$88,000<\/strong> zone, with <strong>$92,000\u2013$94,000<\/strong> as the more meaningful ceiling. Without a clean break, support sits in the mid-<strong>$70,000s<\/strong>.<\/p>\n\n\n\n<p>The seven-day average inflow now sits near <strong>$280 million per day<\/strong>, a pace last seen during late 2024. With cumulative flows rebuilding and exchange-held <strong>BTC<\/strong> reserves at multi-year lows, ETF demand remains the most consistent structural bid in the market heading into the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot Bitcoin ETFs recorded $629.8 million in net inflows on May 1, lifting cumulative net inflows since<\/p>\n","protected":false},"author":2,"featured_media":343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eft"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=342"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/342\/revisions"}],"predecessor-version":[{"id":344,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/342\/revisions\/344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/343"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}