Bitcoin spot exchange-traded funds (ETFs) saw $999 million flow in over the past two trading days. Buying via traditional financial products is picking up quickly after Bitcoin moved back above $80,000.

SoSoValue data cited by blockchain media outlet Cointelegraph showed Bitcoin spot ETFs posted net inflows of $532 million on May 5 and $467.4 million on May 6 (local time).

Bitcoin recovered $80,000 over the period and then moved above $81,000. The two-day net inflow total exceeded $999 million. With April net inflows at $1.97 billion, the recent pace shows demand strengthening again alongside Bitcoin’s rebound.

Inflows into Bitcoin spot ETFs this month total $1.63 billion. Cumulative net inflows stand at $59.7 billion, and total assets under management are about $109 billion, rising to the highest level this year. With the price rebound and inflows continuing at the same time, the ETF market is also growing again.

The inflows continued even after Strategy Chairman Michael Saylor (마이클 세일러) signalled the possibility of selling Bitcoin to meet corporate obligations. Saylor has stressed he would “never sell Bitcoin,” but ETF flows did not sway much despite the signal.

Bloomberg ETF analyst Eric Balchunas (에릭 발추나스) noted that although Bitcoin has fallen about 50 percent in this cycle, ETF asset outflows were only about 8 percent. In a RocksumTV interview, he said the ETF product structure opened sales channels through Wall Street distribution networks, adding, “Don’t underestimate the firepower of Wall Street wholesalers.”

The trend shows ETFs have kept Bitcoin access relatively steady even during periods of high price volatility. The structure that lets investors allocate to Bitcoin through traditional financial channels without holding cryptocurrencies directly has supported demand.

Inflows also spread to altcoin ETFs. Ethereum spot ETFs took in $97.6 million on May 6. XRP-related funds recorded net inflows of $11.3 million, while Solana spot ETFs posted net inflows of $1.7 million.

Dogecoin spot ETFs also saw a small shift. Dogecoin spot ETFs took in about $400,000, returning to net inflows for the first time since April 27. Cumulative net inflows for Dogecoin spot ETFs topped $10 million, and total assets under management were tallied at $14 million.

Amid the trend, market attention is focused on how much longer Bitcoin’s price rebound will keep driving ETF inflows. As spot ETFs draw money not only into Bitcoin but also into products tied to Ethereum, XRP, Solana and Dogecoin, how far demand from institutions and traditional finance investors will spread has become the next point to watch.

BITCOIN ETFs ONLY LOST ~8% OF ASSETS THROUGH THE 50% DRAWDOWN So why didn't holders run? @EricBalchunas, Senior ETF Analyst at @Bloomberg: "Don't underestimate the firepower of Wall Street wholesalers. The Bitcoin ETFs really unlocked armies of them." pic.twitter.com/rjmtuVMqZg