Illustration of Bitcoin ETF outflows totaling 1.47 billion dollars due to rising interest rates, showing financial charts with downward trends.
Illustration of Bitcoin ETF outflows totaling 1.47 billion dollars due to rising interest rates, showing financial charts with downward trends.
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Bitcoin etfs lead $1.47 billion crypto outflows last week

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Digital asset investment products recorded $1.47 billion in outflows last week. Bitcoin funds drove most of the redemptions amid higher interest rate expectations.

Crypto exchange-traded products saw heavy selling as investors pulled $1.47 billion over the seven days ending May 23. Bitcoin products accounted for the bulk of the decline, with the 11 U.S. spot bitcoin ETFs alone losing $1.26 billion, according to CoinShares data reported by CoinDesk.

What people are saying

Initial reactions on X highlight concerns over institutional exits from Bitcoin ETFs amid risk-off sentiment. Some users interpret the outflows as a contrarian buy signal or capital rotation into altcoins. Others note historical parallels to price drops or question if it's a temporary pause.

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Illustration of Bitcoin ETF outflows near $1B with rising yields and financial charts for a news article.
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Bitcoin ETF outflows near $1 billion amid rising yields

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Bitcoin spot ETFs saw nearly $1 billion in outflows over May 18-19 as Treasury yields rose and Federal Reserve rate-hike odds increased, ending a six-week inflow streak.

US spot Bitcoin ETFs experienced their largest weekly outflow in five months, shedding $1 billion and ending a six-week streak of inflows. The reversal comes as hotter inflation data prompted investors to reassess risk exposure.

Reported by AI

Institutional investors pulled nearly $2.7 billion from spot Bitcoin and Ethereum exchange-traded funds over the past two weeks. The outflows coincided with inflows into newer single-asset funds tracking Hyperliquid’s HYPE token, XRP, and Solana.

Spot ETFs for bitcoin and ethereum have experienced four consecutive months of outflows totaling over $9 billion since November, while XRP and solana ETFs continue to see inflows. This divergence suggests investors are rotating toward altcoins amid market pressures. Experts describe it as standard portfolio adjustments rather than a full retreat from cryptocurrencies.

Reported by AI

Bitcoin exchange-traded funds saw sharp outflows of $648.6 million in the days following a key Senate committee vote on cryptocurrency legislation. The reversal came despite the advance of the Digital Asset Market Clarity Act, which had offered a policy boost to the sector. Prices for the leading cryptocurrency fell from above $81,000 to around $77,200.

Rising US Treasury yields reached 5.18 percent on May 20, pressuring Bitcoin prices below $80,000. Spot Bitcoin ETFs recorded net outflows of about 14,000 BTC in the latest week.

Reported by AI

Bitcoin and Ethereum extended losses as more than $400 million in leveraged crypto positions were liquidated in a single day. Macroeconomic concerns and ETF outflows weighed on investor sentiment.

 

 

 

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