US spot Bitcoin (BTC) exchange-traded funds (ETFs) have experienced varied outcomes, with many funds seeing outflows while BlackRock’s fund attracts $500 million.
Conversely, all nine Ethereum ETFs recorded neutral flows, a rare occurrence amid ETH’s ongoing underperformance.
Data from SoSoValue indicates that Bitcoin ETFs began the week strongly, gathering $425.45 million in daily net inflows on May 5, 2025.
The transition from April to May concluded with $1.81 billion in total inflows, following a significant $3.06 billion in the previous week.
BlackRock’s iShares Bitcoin Trust (IBIT) led the gains with $531.18 million in daily net inflows, boosting its cumulative net inflows to an impressive $44.21 billion. It also ranks as the top ETF by net assets, holding $58.68 billion in BTC.
The second-largest BTC ETF, Fidelity Wise Origin Bitcoin Fund (FBTC), reported $57.82 million in outflows, bringing its cumulative net inflows to $11.6 billion and net assets to $18.74 billion.
