On May 19, U.S. spot Bitcoin ETFs recorded $667.4 million in net inflows, the highest since May 2, with iShares Bitcoin Trust leading with $306 million. This surge in interest is attributed to Bitcoin's stable price above $100,000 and an attractive basis trade yield nearing 9%, significantly higher than earlier in the year. Increased futures trading activity on the CME has also been noted, with volumes reaching $8.4 billion and open interest growing by over 30,000 BTC contracts from April's lows. Institutional re-entry into the market follows a previously less favorable basis trade environment, suggesting renewed confidence and escalating interest in leveraged strategies. Experts believe that further growth is likely as the market adjusts to these favorable conditions.

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