According to The Kobeissi Letter, the week ending May 23rd saw crypto funds attract $3.3 billion in net inflows, marking the second-largest weekly inflow this year. Bitcoin funds dominated with $2.9 billion, while Ethereum funds received $326 million. This strong institutional demand signals robust market sentiment and could drive further price momentum for both Bitcoin and Ethereum, influencing trading strategies and portfolio allocations across the crypto market. Source: The Kobeissi Letter, June 1, 2025.