BlackRock Leads Bitcoin ETF Surge While Competitors See Outflows
Bitcoin ETFs saw a $115 million net inflow on May 15, entirely fueled by Blackrock’s IBIT, which pulled in $409.72 million and offset major outflows from rivals like ARKB, FBTC, and GBTC.
Trading volumes remained strong at $2.58 billion, with total net assets at $121.47 billion. Meanwhile, Ether ETFs reversed course with $39.79 million in net outflows, led by Fidelity and Grayscale. Only Blackrock’s ETHA saw gains, but not enough to counter the broader decline—highlighting growing institutional confidence in Bitcoin while Ether sentiment turns cautious.
Clever Robot News Desk 17th May 2025
