"Spot bitcoin ETFs recorded net outflows of $648.64 million, one of the steepest single-day declines of the year. The selling was broad and relentless, with no fund reporting inflows during the session. Blackrock's IBIT absorbed the largest hit, shedding a massive $448.36 million in capital. Ark & 21Shares' ARKB followed with $109.64 million in outflows, while Fidelity's FBTC lost another $63.42 million. Additional exits came from Bitwise's BITB at $9.16 million, Vaneck's HODL at $7.59 million, Franklin's EZBC at $6.65 million, and Invesco's BTCO at $3.82 million."
"Despite the sharp withdrawals, trading activity surged. Total value traded across bitcoin ETFs climbed to $3.14 billion, highlighting elevated investor positioning and aggressive portfolio rebalancing. Total net assets across the category fell to $100.49 billion, bringing the market close to a psychologically important territory. Bitcoin ETFs have seen $1.8 billion in outflows over the past five trading days. Ether ETFs faced similar pressure, extending their outflow streak to a sixth consecutive session."
"The category recorded net outflows of $86.31 million as institutional demand continued to weaken. Blackrock's ETHA once again led the declines with a $55.40 million exit, while Fidelity's FETH saw $14.70 million leave the fund. Grayscale's Ether Mini Trust and ETHE products posted outflows of $10.08 million and $3.96 million, respectively. Blackrock's ETHB also slipped further into negative territory with a $2.17 million withdrawal."
"Solana and XRP ETFs stayed positive, signaling selective buying amid crypto weakness. A wave of risk reduction swept through crypto exchange-traded funds (ETFs) on Monday, May 18, with institutional investors pulling heavily from bitcoin and ethereum-linked products as volatility and caution returned to the market."
Spot bitcoin ETFs recorded net outflows of $648.64 million, with no fund reporting inflows during the session. BlackRock’s IBIT accounted for the largest withdrawal at $448.36 million, followed by Ark & 21Shares’ ARKB at $109.64 million and Fidelity’s FBTC at $63.42 million. Trading activity rose, with total value traded across bitcoin ETFs reaching $3.14 billion, while total net assets fell to $100.49 billion. Bitcoin ETFs have seen $1.8 billion in outflows over five trading days. Ether ETFs extended a six-day losing streak with $86.31 million in net outflows, led by BlackRock’s ETHA at $55.40 million. Solana and XRP ETFs remained positive, indicating selective buying during broader crypto weakness.
Read at news.bitcoin.com
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