BlackRock Fuels U.S. Spot Bitcoin ETF Inflows as Ethereum ETFs Extend Outflow Streak

U.S. spot Bitcoin ($BTC) exchange-traded funds attracted $131 million in net inflows on May 14, based on SoSoValue data. BlackRock's iShares Bitcoin Trust (IBIT) led the category with $144 million of net inflows. U.S. spot Ethereum ($ETH) ETFs moved in the opposite direction, logging $5.65 million in net outflows. Ethereum-focused funds have now posted withdrawals for four consecutive sessions.