Bitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC price hitting new May highs.
Bitcoin (BTC) is seeing a “surge” in volumes among its new institutional investment products — nearly 1,000 United States firms have bought Bitcoin exchange-traded funds (ETFs).
Data from research firm Santiment uploaded to X (formerly Twitter) on May 16 showed daily spot Bitcoin volumes passing $5 billion.
Bitcoin ETFs have seen performance absent since around the time that BTC/USD hit all-time highs of $73,800.
