CoinDesk
U.S. spot bitcoin ETFs recorded a historic 10-session outflow streak between May 15 and May 29, draining $2.97 billion — breaking the previous record of eight consecutive outflow sessions set in early 2025. Total net assets across the ETF complex fell from $104.29 billion to $94.17 billion over the same window, with a single-day exit of $733 million on May 27 marking the largest redemption since January.
Bitcoin fell 4.6% over the past seven days to $73,397, with ETH, SOL, and TRX each posting similar losses. Crypto failed to track a broad equity rally powered by the AI trade: the MSCI All Country World Index hit fresh records, Nasdaq 100 futures rose 0.6% on Nvidia's laptop market push, and SoftBank surged 11% on its OpenAI and Arm holdings. Ether ETFs are running an even longer 14-session outflow streak, with roughly $2.6 billion drained from net assets.
The one bright spot in digital assets was Hyperliquid's HYPE token, which gained 18.7% to $73.17 over the past week. The U.S. spot HYPE ETF, launched May 12, has logged inflows in every session since, lifting cumulative net assets above $122 million. Meanwhile, Brent crude climbing above $93 a barrel on stalled U.S.-Iran ceasefire talks adds macro headwinds — the tailwind crypto was waiting on is no longer obviously coming.
WuBlockchain
CoinTelegraph