Summary
- US Bitcoin ETFs posted net outflows of $233.2 million, reversing after just one day.
- Large outflows were recorded from Fidelity FBTC, Ark Invest ARKB, BlackRock IBIT, Bitwise BITB, and Grayscale GBTC.
- US spot Ethereum ETFs also posted net outflows of $130.6 million, while BlackRock Staking ETHB and Morgan Stanley MSBT drew net inflows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds swung back to net outflows after one day of inflows.
Farside Investors data showed US Bitcoin ETFs recorded net outflows of $233.2 million on May 12. That reversed the net inflows posted on May 11.
Fidelity's FBTC and Ark Invest's ARKB led the outflows, with $86.1 million and $85.1 million withdrawn, respectively. BlackRock's IBIT posted net outflows of $32.9 million. Bitwise's BITB and Grayscale's GBTC also saw outflows of $17.5 million and $17.6 million, respectively.
Morgan Stanley's MSBT, by contrast, recorded net inflows of $6 million.
US spot Ethereum ETFs posted net outflows of $130.6 million on May 12, marking a second straight trading day of withdrawals.
BlackRock's ETHA had the largest outflow at $102 million. Fidelity's FETH posted net outflows of $37 million.
BlackRock Staking's ETHB, however, recorded net inflows of $11.7 million.
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