On May 23, 2025, U.S. spot Bitcoin ETFs recorded their highest daily inflow in over four months, reflecting growing institutional confidence as Bitcoin continues its upward trajectory past $111,000. On May 22, 2025, U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a remarkable surge in investment, with a total net inflow of $934.21 million, according to data from Farside Investors. In contrast, Ethereum ETFs saw far more modest activity, witnessing a net inflow of just $12.3 million into U.S. spot Ethereum ETFs on May 22, a fraction of the inflows seen in Bitcoin ETFs.