Summary
- The U.S. spot-Bitcoin ETF market recorded net outflows of $331.03 million.
- The withdrawals extended a three-trading-day streak of fund outflows.
- Major products posted net redemptions, led by BlackRock's IBIT, which saw $325.57 million leave.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds recorded net outflows for a third consecutive trading day.
The funds posted combined net outflows of $331.03 million on May 19, according to Trader T.
BlackRock's IBIT accounted for most of the withdrawals, with about $325.57 million leaving the fund in a single day. Fidelity's FBTC posted net outflows of about $1.67 million, while Valkyrie's BRRR saw about $3.79 million in net outflows.
The remaining products recorded no net inflows or outflows.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
