Spot Bitcoin ETFs recorded $131 million in total net inflows on May 14, with BlackRock's IBIT single-handedly driving the day's positive print at $144 million — meaning other funds in aggregate saw modest net outflows that IBIT more than offset.
The Ethereum side of the ledger told a different story: spot Ethereum ETFs posted $5.65 million in net outflows, extending a streak to four consecutive days of negative flow. The divergence underscores that institutional demand right now is concentrated squarely in Bitcoin exposure, not the broader crypto ETF complex.
For context, IBIT consistently ranks as the largest and most liquid spot Bitcoin ETF by AUM, and days where it outpaces the entire category's net figure signal that the structural bid from institutional allocators remains intact even when smaller funds see redemptions.
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