Bitcoin ETFs Bleed $656M in a Day as Ethereum Joins the…

Spot Bitcoin ETFs recorded a single-day net outflow of 9,012 BTC — roughly $655.59 million — on May 28, extending a seven-day bleed that now totals 15,409 BTC ($1.12 billion). The scale of the weekly figure suggests this is more than a one-session rebalancing event; institutional sellers have been consistent across multiple trading days.

Ethereum ETFs fared no better, shedding 40,247 ETH ($79.77 million) on the day and 69,523 ETH ($137.8 million) over the trailing week. The combined BTC and ETH outflow picture paints a risk-off posture across the two largest crypto ETF categories.

Solana ETFs offered the lone bright spot: a daily inflow of 2,401 SOL ($195K) and a seven-day cumulative gain of 123,492 SOL ($10 million).