According to Lookonchain, May 6 saw a significant net inflow into Bitcoin ETFs, with a total of 4,462 BTC ($420.92M) added. iShares (Blackrock) led the inflows, contributing 5,613 BTC ($529.5M), and now holds 620,252 BTC valued at $58.51B. In contrast, Ethereum ETFs experienced a net outflow of 211 ETH ($373K), driven by Grayscale (ETHE) outflows of 233 ETH ($412K), leaving their holdings at 1,133,615 ETH. This sharp divergence highlights increased institutional interest in Bitcoin while Ethereum faces short-term pressure, a pattern that could impact short-term trading strategies in both assets. (Source: Lookonchain Twitter, May 6, 2025)