Data from Farside reveals a historic achievement for Bitcoin (BTC) exchange-traded funds (ETFs), accumulating an impressive $948.3 million over five consecutive trading days from March 11 to March 15. This milestone marks the first time such a feat has been accomplished.

On May 17 alone, BTC ETFs saw a remarkable $221.5 million in net inflows, with eight out of the 11 ETFs recording positive inflows. Fidelity’s FBTC led the surge, attracting $99.4 million, bringing its total net inflows to an impressive $8.5 billion. BlackRock’s IBIT followed closely with a $38.1 million inflow, totaling $15.6 billion in net inflows. Grayscale’s GBTC also continued its positive momentum with a $31.6 million inflow, marking its third consecutive day of inflows, despite its total outflows standing at $17.6 billion. Collectively, the ETFs have amassed a net total of $12.6 billion.

Additionally, data from heyapollo indicates that the nine new BTC ETFs have surpassed 550,000 BTC in holdings, while Grayscale’s GBTC holds approximately 289,000 BTC. This surge in BTC ETF inflows highlights growing investor interest in cryptocurrency-based investment products and reflects a bullish sentiment towards Bitcoin in the financial markets.

Farside

$1M – $10M MarketCap:

1. Based Shiba Inu (BSHIB): 97%
2. Paysenger EGO (EGO): 20%
3. Masa (MASA): 8.5%
4. DOSE (DOSE): 8.3%
5. Angola (AGLA): 6.9%

$10M – $100M MarketCap:

1. GameStop (GME): 61%
2. SolCex (SOLCEX): 58%
3. Cream (CREAM): 44%
4. Farcana (FAR): 33%
5. BSwarm (BZZ): 17%

$100M – $1B MarketCap:

1. PONKE (PONKE): 29%
2. Frontier (FRONT): 9.8%
3. Popcat (POPCAT): 9.3%
4. ALEX Lab (ALEX): 9.0%
5. Livepeer (LPT): 7.1%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Litecoin has witnessed a remarkable surge in interest from major investors, known as “whales,” who have significantly increased their holdings of LTC. Data from IntoTheBlock reveals a substantial accumulation, with these large-scale investors adding a whopping 2,751,633 LTC to their portfolios over the last 30 days.

Notably, on May 10th, a record inflow was observed when these whale addresses amassed over 900,000 LTC. This marked the highest single-day acquisition since February, signaling a robust confidence in the potential of Litecoin amidst the current market dynamics.

This trend of accumulation by influential investors could suggest a bullish outlook for Litecoin’s future price movement. The substantial increase in holdings by key players often precedes positive momentum in the market, pointing towards a potentially lucrative phase for Litecoin

IntoTheBlock