Bitcoin and Ethereum spot ETFs saw combined outflows exceeding USD 800 million amid shifting investor sentiment.
Bitcoin spot exchange-traded funds recorded a net outflow of USD 733 million on May 27, marking a significant shift in investor activity. The outflow contrasts with Morgan Stanley’s MSBT, which saw a modest net inflow of USD 4.2941 million, the largest single-day gain among Bitcoin ETFs.
Ethereum spot ETFs also experienced heavy selling pressure, with total net outflows reaching USD 67.1508 million. BlackRock’s ETHA led the declines, posting a net outflow of USD 65.1043 million, the largest among Ethereum-based products.
The data reflects broader market trends as investors reassess positions in major cryptocurrency assets.