According to BlockBeats, on May 23, the US spot Bitcoin ETF recorded a net outflow of approximately $1.26 billion this week, the largest weekly outflow since late January this year, and has seen net redemptions for six consecutive trading days.
Data shows that approximately $649 million flowed out of these products on Monday alone. Although the outflow eased somewhat in the following days, it remained a continuous outflow overall. Market analysts pointed out that the recent rise in US Treasury yields, the strengthening of the US dollar, and geopolitical tensions are among the main reasons for the capital withdrawal.
Meanwhile, the Ethereum ETF also came under pressure, experiencing net outflows for 10 consecutive trading days, the longest outflow period since March 2025. The total outflow for the week was approximately $216 million.
Among them, BlackRock's iShares Bitcoin Trust (IBIT) currently manages approximately $61.1 billion in assets, but this is still lower than the cumulative inflow of approximately $3.7 billion, indicating that recent market price fluctuations have impacted the value of its holdings.
As of the close of the ETF trading day, Bitcoin was priced at around $77,500 and Ethereum at around $2,130, maintaining a narrow range of fluctuation.
Despite significant short-term capital outflows, the spot Bitcoin ETF has seen a cumulative net inflow of approximately $57.1 billion since its launch, with assets under management of approximately $98.9 billion.
