U.S. spot Bitcoin ETFs saw $260.57M worth of total net inflows on May 16

U.S. spot Bitcoin (BTC) ETFs recorded a combined net inflow of $260.57 million on May 16, according to Trader T (@thepfund) on X. BlackRock’s IBIT led the inflows with $130.03 million, followed by Fidelity’s FBTC ($67.95 million), ARK Invest’s ARKB ($57.98 million) and Grayscale’s BTC ($4.61 million). Other ETFs reported no notable changes in their holdings for the day.