Crypto ETFs See $1.257 Billion Bitcoin Outflows in Five-Day Span

Spot Bitcoin ETFs led outflows with $1.257 billion, while SOL, XRP, and HYPE ETFs recorded net inflows last week. Spot Bitcoin exchange-traded funds posted net outflows of $1.257 billion from May 18 to May 22, marking a significant shift in investor sentiment. Ethereum ETF

Spot Bitcoin ETFs led outflows with $1.257 billion, while SOL, XRP, and HYPE ETFs recorded net inflows last week.

Spot Bitcoin exchange-traded funds posted net outflows of $1.257 billion from May 18 to May 22, marking a significant shift in investor sentiment. Ethereum ETFs followed with $216 million in outflows during the same period.

In contrast, SOL, XRP, and HYPE ETFs saw net inflows of $15.63 million, $22.04 million, and $72.38 million, respectively. The mixed flow data reflects diverging trends across major cryptocurrency assets.

The outflows from Bitcoin ETFs contrast with earlier weeks, where inflows dominated, signaling potential profit-taking or risk aversion among investors.

Leave a Reply

Your email address will not be published. Required fields are marked *