U.S. spot Bitcoin ETFs saw $424.45M worth of total net inflows on May 5

U.S. spot Bitcoin ETFs experienced a combined net inflow of $424.45 million on May 5, marking the third consecutive trading day of net inflows, according to Trader T (@thepfund) on X. Specifically, BlackRock’s IBIT alone recorded $530.18 million in net inflows. Meanwhile, Fidelity’s FBTC witnessed a net outflow of $57.82 million, followed by Bitwise’s BITB ($22.66 million), Grayscale’s GBTC ($16.37 million), ARK Invest’s ARKB ($6.14 million) and Franklin Templeton’s EZBC (2.74 million). The remaining ETFs reported no change in their holdings for the day.