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