Bitcoin ETFs Post $1.42B Weekly Outflows To Close May Bloodbath
U.S. Bitcoin Spot ETFs experienced significant net outflows of $1.42 billion in the final week of May, extending a negative trend throughout most of the month. This capital flight coincided with Bitcoin's price struggling to break the $82,000 resistance. Outflows were led by BlackRock's IBIT ($966.42 million), followed by Fidelity's FBTC and Grayscale's GBTC. Other funds like BITB also saw moderate outflows, while several issuers recorded zero net flows.
Daily data from May 26-29 showed consistent outflows, contributing to a total monthly net outflow of $2.43 billion for May—the highest in 2026 and the largest since November 2025. Only 6 of the month's 20 trading days saw positive flows. Despite this recent pressure, the overall market remains resilient with cumulative net inflows of $55.66 billion since launch and total net assets of $94.17 billion. Bitcoin's price was at $74,012 at the time of writing.
bitcoinist06/01 06:01
