Bitcoin ETFs Just Had Their Best Month Since November—Here’s Why Wall Street Can’t Look Away
Forget ’slow and steady’—Bitcoin spot ETFs just raked in a staggering $5.77 billion in May. That’s their biggest haul since the post-approval frenzy last November, proving once again that crypto’s volatility is a feature, not a bug, for institutional gamblers—sorry, ’investors.’
Wall Street’s latest love affair with crypto ETFs shows no signs of cooling off. After months of sideways action, the floodgates opened as traders piled back in—probably right before the next 20% correction, if history’s any guide.
While traditional finance types still clutch their pearls over Bitcoin’s wild swings, that very chaos is writing fat commission checks for the suits who’ve finally figured out how to repackage crypto for the masses. The irony? Main Street still thinks ETFs are the ’safe’ way to play.