Crypto ETFs
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Bitcoin falls below $82,000 as treasury yields surge
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Bitcoin traded at $79,083 on May 15, down more than 3 percent after failing to hold above $82,000 resistance. Rising US Treasury yields are drawing institutional capital away from the cryptocurrency and into government debt.
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.
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Goldman Sachs exited its positions in XRP and Solana ETFs during the first quarter while reducing holdings in Bitcoin and Ether funds.
May 01, 2026 07:30