Record $425.5 Million Net Inflow for Bitcoin Spot ETF Amid BlackRock and Fidelity Movements

On May 6th, COINOTAG News reported significant movements in the U.S. Bitcoin spot ETF market as tracked by Farside Investors. Notably, the **net inflow** reached a substantial **$425.5 million**. Among the key players, **BlackRock’s IBIT Fund** attracted a remarkable **$531.2 million**, highlighting robust investor confidence. In contrast, **Fidelity’s FBTC** experienced a **net outflow** of **$57.8 million**, raising questions about its competitive positioning in the market. Furthermore, the U.S. Ethereum spot ETF observed a neutral stance, with both inflows and outflows recorded at **zero**. This stability reflects a cautious investor sentiment, as market participants await further regulatory clarity and broader acceptance of digital assets. The current dynamics underscore the shifting landscape in the crypto market, making strategic allocations critical for investors aiming to optimize their portfolios.