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Fidelity, BlackRock Fuel ETF Boom as Bitcoin Tops $105,000 Again | ETF News

Fidelity, BlackRock Fuel ETF Boom as Bitcoin Tops $105,000 Again | ETF News

BeInCryptoBeInCrypto2025/05/19 23:46
By:Abiodun Oladokun

Bitcoin's price surge above $105,000 has reignited investor confidence, leading to significant ETF inflows and a bullish market outlook, with key players like BlackRock and Fidelity seeing major gains.

On Monday, Bitcoin’s price surged past the psychological $105,000 mark, fueling renewed confidence among institutional investors and prompting capital inflows into spot Bitcoin exchange-traded funds (ETFs).

That day, inflows into these funds exceeded $650 million, led by BlackRock’s IBIT ETF.

Spot BTC ETFs Post Four-Day Inflow Streak

Yesterday, US-listed spot BTC ETFs recorded a combined net inflow of over $667.44 million—their highest single-day inflow since May 2. It also marked the fourth consecutive day of positive inflows into these funds, reflecting growing institutional appetite amid signs of a broader market recovery.

Fidelity, BlackRock Fuel ETF Boom as Bitcoin Tops $105,000 Again | ETF News image 0Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

During Monday’s intraday trading session, BTC briefly rallied to a daily high of $107,108. Although it experienced a slight pullback, closing above the key $105,000 level was enough to trigger renewed investor confidence and drive significant inflows into spot ETFs.

BlackRock’s ETF IBIT recorded the largest daily net inflow, totaling $305.92 million, bringing its total cumulative net inflows to $45.86 billion.

Fidelity’s ETF FBTC recorded the second-highest net inflow of the day, attracting $188.08 million. The ETF’s total historical net inflows now stand at $11.78 billion.

BTC Rally Gathers Steam

Up 3% over the past day, BTC currently trades at $105,543 and is witnessing a strengthening bullish bias. This is reflected in its futures open interest, which has climbed to its highest level year-to-date. At press time, it is over $70 billion, climbing 1% over the past 24 hours.

Fidelity, BlackRock Fuel ETF Boom as Bitcoin Tops $105,000 Again | ETF News image 1BTC Futures Open Interest. Source: Coinglass

When an asset’s open interest rises alongside its price, new money is entering the market to support the upward trend. This trend indicates strong bullish sentiment and the potential for a sustained BTC price rally.

Moreover, today, the options market has seen increased demand for call options—contracts that bet on higher prices—further confirming the prevailing market optimism.

Fidelity, BlackRock Fuel ETF Boom as Bitcoin Tops $105,000 Again | ETF News image 2BTC Options Open Interest. Source: Deribit

One may say that the significant ETF inflows, climbing derivatives activity, and BTC’s reclaiming of a key psychological price level signal a potential shift in sentiment and hint at the likelihood of the king coin touching a new all-time high in the near term.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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