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Bitcoin ETFs Pull In $260M Friday as Blackrock’s IBIT Secures 631,962 BTC

Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday F...

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Bitcoin ETFs Pull In $260M Friday as Blackrock’s IBIT Secures 631,962 BTC
Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday Flows While Ethereum Sees Tepid Uptake Leading Friday’s activity in the bitcoin ETF space was Blackrock’s Ishares Bitcoin Trust (IBIT), which took in […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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