- BTC reached a new all-time high of $111,028, while $484M in liquidations reflect rising volatility and a Fear & Greed Index at 72.
- U.S. spot Bitcoin and Ethereum ETFs saw over $400M in net inflows, with BlackRock’s iShares funds dominating both BTC and ETH allocations.
- While large caps were mixed, small-cap tokens like GuildOfGuardian soared; meanwhile, $3.3B in BTC and ETH options are set to expire, adding pressure.
According to CryptoRank, Bitcoin surged to a new all-time high of $111,028, marking a 4.05% gain over the past 24 hours while Ethereum ($ETH) held steady near $2,631, with a modest 2.86% increase during the same period.
The overall market capitalization stands at $3.66 trillion, reflecting strong momentum. Meanwhile, 24-hour liquidations have surged to $484.37 million—a clear sign of rising volatility. The Fear & Greed Index is holding at 72, showing that greed is currently driving market sentiment.
Bitcoin and Ethereum ETFs See Over $400M in Daily Inflows
According to data from Lookonchain, major inflows across the U.S. listed spot Bitcoin and Ethereum ETFs, both assets saw combined ETF net flows exceed $400 million within a single trading session. BlackRock’s iShares products were central to this activity, capturing a significant portion of the total inflows in both categories. As ETFs continue accumulating crypto assets, these recent figures reflect ongoing demand among institutional participants.
Both Bitcoin and Ethereum products showed continued capital inflow across institutional ETFs with ten U.S. spot Bitcoin ETFs recording a total net inflow of 3,168 BTC, valued at approximately $345.16 million. Among the ten funds, BlackRock’s iShares Bitcoin Trust accounted for the majority, receiving 2,704 BTC. This marked increase came despite minimal volatility in Bitcoin’s spot market.
In parallel, nine spot Ethereum ETFs saw a collective netflow of 25,934 ETH, totaling $66.52 million during the same session. Notably, BlackRock’s iShares Ethereum Trust attracted 18,162 ETH worth $46.58 million. This raised the fund’s overall holdings to 1,308,054 ETH, valued at approximately $3.36 billion. These allocations suggest steady accumulation among top ETF issuers.
Over $3.3B in Crypto Options Set to Expire
Data from Deribi show a major expiry event is approaching with over $3.3 billion in Bitcoin and Ethereum options set to expire. According to Deribit’s May 22 update, Bitcoin briefly touched $111,944 before retreating, just ahead of Friday’s expiry. Bitcoin accounts for the larger share of the expiry volume, with $2.76 billion in notional value while Ethereum follows with a notional value of $526 million.
The event involves substantial open interest, suggesting increased positioning in both bullish and bearish strategies. As traders adjust to the upcoming deadline, strike activity and max pain levels reveal key focus zones for both assets.
Moreover, CryptoRank highlighted FreeDogs_bot, pStakeFinance, and TheYuliverse as the top gainers over the past 24 hours. The surge follows Binance’s announcement of its 70th Launchpool project, Huma Finance (HUMA), which allows users to stake BNB, FDUSD, and USDC to participate in the event.
Small-Cap Tokens Record Strongest Gains
While these large caps $MAK, $SUPRA, and $SAIL, saw daily losses, smaller tokens posted notable gains. Guild Of Guardian saw a 117.7% increase, Levana protocol by 89.7%, Moonpigmeme 77%, Efinityion 70.1% and lista dao closed with 55.1%.
Meanwhile, as large caps show mixed results, small-cap tokens are stealing the spotlight with impressive gains, signaling renewed interest and momentum across the broader crypto market.
