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May 16 crypto market update Flash News List | Blockchain.News
Flash News List

List of Flash News about May 16 crypto market update

Time Details
2025-05-16
15:00
May 16 Bitcoin ETF Net Inflows Surpass $196M as BlackRock iShares Leads, Ethereum ETFs See $23.9M Outflows

According to Lookonchain, May 16 saw a net inflow of 1,894 BTC, totaling $196.39 million, across 10 Bitcoin ETFs. BlackRock's iShares ETF recorded the largest inflow, adding 3,977 BTC valued at $412.24 million, and now holds 631,962 BTC ($65.51 billion). In contrast, 9 Ethereum ETFs experienced a net outflow of 9,246 ETH, equaling $23.93 million, with Fidelity leading the outflows at 12,488 ETH ($32.32 million) and holding 390,676 ETH. These ETF flows indicate sustained institutional demand for Bitcoin, which could support price stability or upward momentum, while continued Ethereum ETF outflows may signal bearish sentiment or profit-taking among large holders (Source: Lookonchain on Twitter, May 16, 2025).

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