According to glassnode, as of May 9, the total Bitcoin holdings in US spot ETFs reached approximately 1.175 million BTC, just 6,500 BTC below the all-time high of 1.182 million BTC. The report highlights that recent inflows have offset earlier outflows, indicating a strong resurgence in institutional demand for Bitcoin. This renewed demand is a bullish signal for crypto traders, as ETF accumulation often precedes price rallies and underscores increasing mainstream adoption. Source: glassnode (@glassnode, May 12, 2025).

According to André Dragosch, recent data shows that inflows into global crypto Exchange Traded Products (ETPs) have surged, with US spot Bitcoin ETFs experiencing a significant $383 million inflow, marking the highest daily net inflow since January 2025. This trend indicates a growing investor confidence and interest in Bitcoin, potentially impacting its market price positively. Traders should monitor these inflows as they can be a precursor to price movements.