BlackRock’s IBIT recorded $144 million in net inflows, offsetting outflows from spot Ethereum ETFs totaling $5.6511 million.
Spot Bitcoin exchange-traded funds saw net inflows of $131 million on May 14, driven by BlackRock’s IBIT, which led with $144 million in net inflows. The total marked a continued positive trend for Bitcoin ETFs amid broader market activity.
Spot Ethereum ETFs experienced net outflows of $5.6511 million, extending a four-day streak of declines. The divergence highlights shifting investor sentiment between the two largest cryptocurrencies by market capitalization.
No immediate market reaction was reported following the inflows and outflows data.