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US Spot-Bitcoin ETFs See $1.42 Billion Weekly Outflow, Third-Largest on Record

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Summary

  • Last week, US spot-Bitcoin ETFs recorded net outflows of about $1.42 billion.
  • US spot-Ethereum ETFs posted net outflows of $241 million over the same period, marking a third straight week of outflows.
  • By contrast, spot-Solana ETFs, spot-XRP ETFs, and spot-Hyperliquid ETFs continued to draw net inflows.

Forecast Trend Report by Period

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Photo: SoSoValue
Photo: SoSoValue

US spot-Bitcoin exchange-traded funds recorded heavy withdrawals last week.

Wu Blockchain said on June 1 that US spot-Bitcoin ETFs posted net outflows of $1.42 billion during the May 25-29 period. It was the third-largest weekly net outflow since the products launched.

US spot-Ethereum ETFs also posted net outflows of $241 million over the same period, extending their run of weekly outflows to three.

By contrast, spot ETFs tied to altcoins continued to draw money. Spot-Solana ETFs recorded net inflows of $2.36 million, spot-XRP ETFs took in $15.2 million, and spot-Hyperliquid ETFs attracted $25.57 million.

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
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