BlackRock’s IBIT Absorbs $144M as Ethereum ETFs Suffer Fourth Straight Day of Outflows
The separation between Bitcoin and Ethereum exchange-traded fund flows widened on May 14 as institutional capital continued to favor the oldest crypto asset. Bitcoin spot ETFs pulled in a combined $131 million in net new money, but the aggregate figure masked a lopsided dynamic. BlackRocks IBIT single-handedly drew $144 million, meaning the rest of the Bitcoin ETF complex collectively leaked roughly $13 million. On the Ethereum side, spot ETFs registered $5.65 million in net outflows, marking the fourth consecutive day of redemptions, according to the original report. The flow pattern isn‘t simply a short-term blip. It reflects a deeper institutional conviction that Bitcoin functions as a macro hedge while Ethereum remains tied to ecosystem growth narratives that are harder for traditional allocators to price. BlackRock’s product continues to act as the main conduit for ETF demand, consolidating its position as the benchmark vehicle for large-scale Bitcoin exposure. Even on a day when the broader group managed modest net inflows, virtually all of the new capital landed in a single fund. Bitcoins Staying Power in Institutional Portfolios The concentration of flows into IBIT underscores how institutions are treating Bitcoin exposure as a straightforward, familiar allocation decision. The digital gold thesis—scarcity, portability, and a growing








