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Spot Bitcoin ETFs saw a dramatic reversal in flows between May 13 and May 14, shifting from a $91.4 million outflow to a $319.5 million inflow. The rebound was led by BlackRock’s IBIT and marked a rare inflow for Grayscale’s GBTC. This volatility underscores the sensitivity of Bitcoin ETF demand to market sentiment.
- Fidelity’s FBTC saw $91.4M in outflows on May 13, the largest single-day withdrawal since April 30.
- BlackRock’s IBIT led May 14’s rebound with $232.9M inflows, while Grayscale’s GBTC posted a rare $35.2M inflow.
- Spot Bitcoin ETFs have absorbed over $41.37B cumulatively since launch, showing volatile but persistent demand.
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