Bitcoin To Hit $500,000 By 2028, Standard Chartered Says, As ETFs Buy $667M On Monday

U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds recorded $667.44 million in net inflows on May 19, marking the fourth consecutive day of positive momentum.

Meanwhile, Ethereum (CRYPTO: ETH) ETFs also saw modest gains, with $13.66 million in net inflows and no redemptions across all nine listed products, according to SoSoValue data.

The strong inflows follow a broader institutional trend, backed by Standard Chartered‘s note on Tuesday, which suggests Bitcoin is gaining traction among a more diverse set of buyers despite some near-term headwinds.

While the …

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