US Bitcoin Spot ETFs reported web outflows of $1.42 billion within the ultimate week of May, extending the persistent adverse pattern noticed all through many of the month. The bearish efficiency by these funding funds aligns with Bitcoin’s worth struggles, when the premier cryptocurrency didn’t breach the important thing resistance of $82,000 round May earlier than slipping into one other correction.
Bitcoin ETFs See Persistent Red Across Second Half Of May
In analyzing the person fund performances over the week, it’s noticed, in typical vogue, that promoting stress was concentrated among the many largest issuers. According to data from SoSoValue, BlackRock’s IBIT led the outflows by a large margin, with withdrawals exceeding deposits by $966.42 million.
Behind the market chief, Fidelity’s FBTC and Grayscale’s GBTC additionally registered vital capital flight, posting web outflows of $169.15 million and $175.09 million, respectively. Bitwise’s BITB additionally recorded reasonable web outflows of $46.30 million, whereas different mid-tier funds resembling Grayscale’s secondary product BTC and ARK Invest/21Shares’ ARKB noticed smaller however adverse circulation balances within the $20–30 million vary.
Meanwhile, minor web outflows of $5.59 million had been noticed in Valkyrie Investments’ BRRR, whereas Morgan Stanley posted a negligible withdrawal of round $966,650. On the opposite hand, a number of issuers, together with VanEck’s HODL, Invesco’s BTCO, Franklin Templeton’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI, recorded no web flows, indicating a pause in each shopping for and promoting exercise.
From a every day circulation perspective, the state of affairs seems strongly bearish, with withdrawals persistently outpacing deposits. Between May 26 and 29, the Bitcoin spot ETFs noticed web outflows of $333.71 million on Tuesday, $733.43 million on Wednesday, $228.88 million on Thursday, and $125.31 million on Friday.
This sample displays a broader month-to-month weak spot as solely 6 of 20 buying and selling days in May recorded constructive flows, whereas 14 closed within the pink. Notably, each buying and selling session within the second half of the month posted outflows, culminating in a complete adverse circulation steadiness of $2.43 billion, the very best month-to-month web outflow recorded in 2026 and the biggest since November 2025.
Nevertheless, the Bitcoin Spot ETFs market stays in a powerful, resilient place, with cumulative web inflows of $55.66 billion since their launch in 2024. Meanwhile, their whole web property are valued at $94.17 billion, representing 6.38% of the Bitcoin market cap.
Related Reading: Banks Vs. Crypto Law: JPMorgan CEO Doubles Down On CLARITY Opposition
Bitcoin Price Overview
At the time of writing, Bitcoin trades at $74,012, reflecting a slight achieve of 1.07% up to now day. Meanwhile, every day buying and selling quantity has dropped by 47.55% and is valued at $18.12 billion.
Featured picture from Flickr, chart from Tradingview
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