After a sharp outflow of $91.4 million on May 13, driven entirely by redemptions from Fidelity’s FBTC, the Spot Bitcoin ETF market staged a strong comeback on May 14 with $319.5 million in net inflows.
The May 13 outflow marked the largest daily withdrawal since April 30 and reflected a temporary shift in sentiment. However, May 14 saw a broad reversal, led by:
BlackRock’s IBIT: +$232.9 million
Fidelity’s FBTC: +$36.1 million (a rebound from the previous day’s loss)
Grayscale’s GBTC: +$35.2 million (breaking its recent streak of outflows)
Bitwise’s BITB, Ark’s ARKB, Valkyrie’s BRRR: each recording smaller positive flows
The rebound signals a renewed wave of institutional demand following the brief pause, and may point to growing investor confidence amid ongoing macro and crypto-specific developments.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/spot-bitcoin-etfs-see-319-5m-inflow-surge-after-91-4m-pullback/