Bitcoin ETFs Rack Up Third Straight Week of Inflows as BTC Tightens Grip on Crypto Markets

Wall Street’s Bitcoin ETFs just notched another win—three weeks of consecutive inflows as institutional money keeps flowing into crypto’s OG asset. Meanwhile, BTC dominance hits levels not seen since the last bull run, leaving altcoins choking on its dust.

The Big Pump:
ETF inflows suggest TradFi isn’t just dipping toes anymore—it’s doing cannonballs into the Bitcoin pool. And why not? With regulators still playing whack-a-mole with altcoin projects, BTC remains the ’safe’ bet in a casino where the house always wins (looking at you, SEC).

Altcoins Left in the Dust:
As BTC’s market share climbs, the ’altseason’ hopium is fading faster than a meme coin’s hype cycle. Turns out, when the macro winds shift, everyone still runs back to the orange pill.

The Bottom Line:
The ETFs are doing exactly what they were designed to do—funnel institutional cash into Bitcoin while pretending it’s about ’innovation.’ Meanwhile, the king keeps flexing. Will this finally be the cycle where BTC eats the entire crypto market? Don’t bet against it.

Further Correction?

The US-based spot BTC exchange-traded funds started their third consecutive week with strong inflows.

According to data from SoSoValue, spot BTC ETFs recorded a net inflow of $425.5 million on May 5. The inflows solely came from BlackRock’s IBIT fund, worth $531.2 million.

Five of the 12 BTC ETFs — FBTC, GBTC, ARKB, BITB and EZBC — recorded over $105 million in outflows.

Ethereum-based ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B investment products remained neutral despite a trading volume of $113 million on May 5.

Macro and crypto analyst Jason Pizzino’s analysis of the Bitcoin price movements suggests a further correction to $92,000.

Bitcoin $92,000 support and local top signal lining up for the bears.

🔴 Detailed analysis in today’s video here 👇https://t.co/FM0HuWTpCQ pic.twitter.com/AfhwW8Q2SA

— Jason Pizzino 🌞 (@jasonpizzino) May 6, 2025

Pizzino wrote in an X post on May 6 that Bitcoin is signalling a local top. If BTC falls below $92,000, the next target would be below the psychological $90,000 mark.

On the other hand, a rise above $96,000 could suggest breaking the $100,000 barrier.

At this point, Bitcoin needs both macro and micro catalysts to gain bullish momentum. Otherwise, a price correction will likely shake the crypto market again.

Bitcoin ETFs’ Third Week of Inflows Comes with Increasing BTC Dominance