Key Insights:

• Crypto ETF inflows surged on Friday, following massive outflows earlier in the week.
• Bitcoin ETFs raked in nearly $630 million in inflows while Ether ETFs saw inflows of over $100 million.
• The BTC price eyes the $95,000 level amid the resurgence of ETF inflows.

On May 1, crypto ETF inflows collapsed, and Bitcoin and Ethereum funds saw a total of net inflows of $731 million. The boom comes after a turbulent week in April, when both Bitcoin and Ether ETF funds recorded several days of major outflows.

Crypto ETF Inflows Make a Comeback

According to Farside Investors data, Bitcoin ETFs were the first to recover, with inflows of $629.8 million on May 1. BlackRock’s IBIT led the charge with a whopping…