Bitcoin ETFs Face $1.26B Weekly Outflows While Ethereum ETFs See 10 Days of Redemptions
2026-05-23 23:21

Data compiled by Woofun AI shows that US Bitcoin Spot ETFs experienced a net outflow of approximately $1.26 billion this week, marking the most significant weekly withdrawal since late January. The sector endured net redemptions for six consecutive trading days, with Monday alone accounting for roughly $649 million in outflows before activity moderated slightly in subsequent sessions. Market participants attribute this sustained capital exit to rising US Treasury yields, a strengthening US dollar, and escalating geopolitical tensions.

Meanwhile, Ethereum ETFs faced prolonged pressure, recording net outflows for 10 consecutive trading days—the longest such streak since March 2025—with total weekly outflows reaching approximately $216 million. BlackRock's iShares Bitcoin Trust (IBIT), managing around $61.1 billion in assets, saw its value impacted by recent price volatility, despite cumulative inflows of $3.7 billion. As of the close, Bitcoin traded near $77,500 and Ethereum near $2,130. Despite these short-term pressures, the US Bitcoin Spot ETF complex has accumulated $57.1 billion in net inflows since inception, maintaining an asset base of approximately $98.9 billion.

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BTC
ETH
iShares Bitcoin Trust
IBIT
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