Bitcoin ETFs logged $630M inflows on May 1 before BTC passed Tesla by market cap

On May 1, U.S. spot Bitcoin ETFs recorded $630 million in net inflows, while spot Ethereum ETFs took in $101 million. On May 10, an X post highlighted Bitcoin overtaking Tesla to become the world’s 12th largest asset by market cap. By May 11, 2026 (06:14 UTC), BTC was at $80,919.37, down -1.56% on the week, as the report pointed to $78,884 as a key daily support level.