US Spot Bitcoin ETFs Near Yearly Outflow Territory

TheNewsCryptoPublicado a 2026-05-25Actualizado a 2026-05-25

Resumen

US spot Bitcoin ETFs are nearing net annual outflows following six consecutive days of withdrawals, with a significant $105.2 million outflow on Friday alone. This streak, which began May 14, has reduced the total net inflows for 2026 to $536 million. Major funds like BlackRock's IBIT and Fidelity's FBTC led the recent outflows, contributing to an overall withdrawal of $1.55 billion since mid-May. This trend indicates a potential cooling of institutional interest in Bitcoin, with notable reductions in ETF holdings by firms like Jane Street and Goldman Sachs earlier in the year. While the broader US Bitcoin ETF market remains in net positive territory for 2026, inflows are dominated by IBIT and are not expected to reach 2025's levels. In contrast, spot Ether ETFs have seen net outflows, and new altcoin ETFs have struggled to gain traction. A positive note is the Morgan Stanley Bitcoin Trust (MSBT), launched in April, which has attracted $264 million in net inflows.

The US spot Bitcoin exchange-traded fund market is about to see net outflows for the year after six days of withdrawals that began on Friday. After Friday’s market loss of $105.2 million—$68.9 million for BlackRock’s iShares Bitcoin Trust (IBIT) and $36.3 million for Fidelity Wise Origin Bitcoin Fund (FBTC)—net inflows into Bitcoin ETFs for 2026 have decreased to $536 million.

Withdrawal Streak Shrinks 2026 Inflows

The outflow on Friday added to the $1.55 billion that has been drained from the ETFs since May 14, when the last net inflow was reported, even though no other Bitcoin ETF based in the US saw a change in flows.

It is possible to gauge the level of institutional interest in Bitcoin and the flow of new money into the cryptocurrency market by looking at the net inflows into US spot Bitcoin ETFs. The first quarter saw a 70% reduction in Bitcoin ETF holdings at institutional market maker Jane Street and a 10% reduction at investment bank Goldman Sachs.

The majority of the $2.7 billion in net inflows to the US Bitcoin ETF market this year have originated from IBIT, however the industry as a whole is still seeing net inflows for 2026.

While most of its rivals have seen a decline in 2026, its inflows this year are not expected to surpass the $25 billion it received in 2025. So far in 2026, there have been net outflows from US-based spot Ether ETFs, and new altcoin ETFs have failed to meet the same level of demand as their predecessors.

The Morgan Stanley Bitcoin Trust ETF (MSBT) is one encouraging trend; it debuted on April 8 and has received $264 million in net inflows so far.

Highlighted Crypto News Today:

VItalik Buterin Defends Long-Term Vision Amid Token Price Concerns

TagsAltcoinBitcoin

Preguntas relacionadas

QWhat is the main concern regarding the US spot Bitcoin ETF market as mentioned in the article?

AThe US spot Bitcoin ETF market is nearing net outflows for the year, having seen six consecutive days of withdrawals starting from a certain Friday.

QWhat were the specific outflow amounts for BlackRock's IBIT and Fidelity's FBTC on the mentioned Friday?

AOn that Friday, BlackRock's iShares Bitcoin Trust (IBIT) had an outflow of $68.9 million and the Fidelity Wise Origin Bitcoin Fund (FBTC) had an outflow of $36.3 million.

QWhat does the article suggest is a potential indicator of institutional interest in Bitcoin?

AThe article suggests that net inflows into US spot Bitcoin ETFs can be used to gauge the level of institutional interest in Bitcoin and the flow of new money into the cryptocurrency market.

QAccording to the article, which new Bitcoin ETF showed an encouraging trend and what were its inflows?

AThe Morgan Stanley Bitcoin Trust ETF (MSBT), which debuted on April 8, showed an encouraging trend with $264 million in net inflows so far.

QWhat is the current state of net inflows for US spot Ether ETFs and new altcoin ETFs in 2026 according to the article?

AThe article states that so far in 2026, there have been net outflows from US-based spot Ether ETFs, and new altcoin ETFs have failed to meet the same level of demand as their predecessors.

Lecturas Relacionadas

HYPE Spot ETF Continuously Accumulates 1% in 14 Days: Is the $75 New High Just the Starting Point?

Hyperliquid (HYPE) has surged to a new all-time high of $75 amid strong institutional and ETF-driven buying pressure. The article highlights several key bullish factors. First, the HYPE spot ETFs from 21Shares and Bitwise have seen 14 consecutive days of net inflows, totaling over $136 million and absorbing nearly 1% of HYPE's market cap—a faster initial pace than BTC or ETH ETFs. This ETF demand provides a solid price floor. Second, the protocol's own Assistance Fund (AF) mechanism, which uses 99% of fees to buy back and burn HYPE, has already removed over $1.1 billion worth of tokens, creating a dual support system alongside ETF inflows. This combined buying power is expected to counter potential selling pressure from upcoming team token unlocks. Institutionally, venture firm a16z is now considered one of the largest external holders of HYPE, with multiple addresses accumulating millions of tokens. Galaxy Digital is also actively buying. Analysts and firms like Bitwise and Grayscale are framing HYPE not as a mere meme coin but as a "second-generation" crypto with real value capture and infrastructure potential. Furthermore, Hyperliquid Strategies (PURR), a publicly traded company holding a large HYPE treasury, is set to join the Russell 3000 Index, potentially unlocking further passive investment flows. The ongoing feud between prominent backers like Arthur Hayes (pro-HYPE) and Kyle Samani (pro-SOL) underscores the intense market debate, with Hayes famously betting HYPE will outperform all top-ten crypto assets this year.

Odaily星球日报Hace 9 min(s)

HYPE Spot ETF Continuously Accumulates 1% in 14 Days: Is the $75 New High Just the Starting Point?

Odaily星球日报Hace 9 min(s)

ETH Bull and Bear Views Compilation: Can Ethereum's Value Flow Back to ETH?

Titled "ETH Bull and Bear Views: Can Ethereum's Value Flow Back to ETH?", this article synthesizes the current heated debate around Ethereum's native token, ETH, following Bankless co-founder David Hoffman's decision to sell his entire ETH holdings. The **bullish case**, represented by figures like Tom Lee (BitMine CEO) and Raoul Pal, argues that ETH's core thesis remains intact. They contend Ethereum is the essential, secure, and neutral foundational layer for future finance—encompassing stablecoins, RWA, DeFi, L2s, and Agentic AI. Bulls bet on ETH's long-term revaluation as institutional adoption of on-chain finance grows, with significant buying activity from entities like BitMine and Consensys cited as evidence. Conversely, the **bearish perspective**, led by Hoffman and analysts like Markus Thielen, questions ETH's value capture mechanism. They acknowledge Ethereum's network success but argue that the value created by L2s, DeFi, and applications does not sufficiently accrue to the ETH token itself. Bears point to ETH's prolonged underperformance versus the broader crypto market, lack of traditional cash flows, weakening "ultrasound money" narrative, and apparent institutional retreat (e.g., Harvard Management Company exiting its ETH ETF position) as key concerns. The debate highlights a pivotal shift: ETH is no longer just a community belief asset. The central question is whether ETH can transition from being a "**used infrastructure**" to a "**continuously bought and held core asset**" as more value enters the Ethereum ecosystem. The market is now critically examining the direct link between network growth and ETH's value.

marsbitHace 55 min(s)

ETH Bull and Bear Views Compilation: Can Ethereum's Value Flow Back to ETH?

marsbitHace 55 min(s)

Crypto is dead, Perps are forever

The crypto industry is shifting from a focus on creating native assets (like altcoins and protocol tokens) to becoming a "global asset pipeline." Native cryptocurrencies, except for Bitcoin, are seen as failing in their value storage and utility promises, with demand driven largely by speculation. Attention and liquidity are now moving toward real-world assets (RWAs) like U.S. stocks, bonds, gold, and oil traded on-chain via perpetual contracts (Perps). Stablecoins like USDT and USDC set the precedent, proving blockchain's core strength is efficient global settlement and transfer, not inventing new monetary systems. Meanwhile, assets like Ethereum and many DeFi tokens struggle as their narratives weaken against tangible traditional assets and the rapid real-world progress of AI. Perpetual contracts have emerged as a pivotal innovation. They simplify trading by offering pure price exposure to any asset, bypassing complexities of ownership, custody, and traditional market hours. Projects like Hyperliquid gained traction by combining CEX-like efficiency with on-chain transparency, capitalizing on post-FTX distrust, macroeconomic volatility, and the surge in demand for 24/7 stock trading. In conclusion, while the era of speculative native "crypto assets" may be over, perpetual contracts persist as the industry's most potent financial instrument—transforming all assets into globally accessible, constantly tradable instruments centered on price speculation.

marsbitHace 1 hora(s)

Crypto is dead, Perps are forever

marsbitHace 1 hora(s)

Tencent, Alibaba, ByteDance in a Battle for the Skill Store

Skill is becoming a key concept in the AI field, essentially serving as a structured "instruction manual" for AI Agents that specifies tool calls, decision logic, and output standards. This allows Agents to execute predefined tasks. As the number of Skills grows, distribution platforms have emerged. Major tech companies are swiftly entering this space. In March, Tencent, Alibaba, and ByteDance launched Skill stores within their respective Agent platforms. Subsequently, players like Zhipu AI, Meituan, and Xiaohongshu joined the fray. This competition for the "Skill store" is fundamentally a battle for the AI-era user entry point; whoever controls distribution controls the users. While ByteDance's Coze has experimented with paid Skills, most platforms offer them for free. The real value lies not in the stores themselves but in using them to attract and retain users within an ecosystem, driving revenue from services like cloud computing, model calls, or advertising. The landscape features three main player types: 1) **Internet giants** (e.g., Alibaba, ByteDance, Tencent, Meituan), leveraging Skills to drive traffic and monetize through their broader ecosystems (cloud services, transactions, ads). 2) **Large model companies** (e.g., Zhipu AI, Moonshot AI), using Skill stores to increase user engagement and monetize model API calls. 3) **Content platforms** (e.g., Xiaohongshu), treating Skills as a new content format to generate traffic and ad revenue. However, transforming Skill stores into a sustainable business faces significant hurdles. Key challenges include: the **difficulty in pricing Skills** due to inconsistent outputs across different models and contexts; **lack of cost transparency** (varying token consumption); **security risks** like Skill poisoning; and the **absence of standardized protocols** for development and evaluation. Unlike standardized mobile apps, Skills are often personalized workflows resistant to uniformity, which hinders the establishment of a reliable review and monetization system akin to the App Store. While there is genuine user demand for paid Skills—particularly in enterprise (e.g., contract review) and certain personal productivity scenarios—current platforms offer developers limited and unpredictable distribution. The future of Skill stores depends on overcoming these standardization, evaluation, and safety challenges to make acquiring a Skill as straightforward as downloading an app. For now, the stores function more as display shelves than robust marketplaces.

marsbitHace 1 hora(s)

Tencent, Alibaba, ByteDance in a Battle for the Skill Store

marsbitHace 1 hora(s)

Trading

Spot
Futuros
活动图片