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🩸BEARISH

Spot BTC, ETH ETFs Shed $292M in Single Day Amid Outflow Streak

$BTC and $ETH products together shed nearly 300M in 24 hours, with seven-day outflows crossing 640M — while spot $SOL ETFs quietly logged a tenth straight day of inflows.

Spot Bitcoin and Ethereum ETFs bled a combined $292 million on May 27, extending a multi-day streak of redemptions that has now stripped more than $640 million from the two product complexes over the past week.

Bitcoin ETFs shed 3,638 BTC ($272.6M) in a single session, bringing seven-day net outflows to 7,339 BTC ($549.89M). Ethereum products saw the sharper relative pain: 9,603 ETH ($19.75M) exited in one day, with the seven-day tally reaching 44,498 ETH ($91.53M). Both complexes have now printed red for consecutive sessions, with the daily flow figures dwarfing the historical baseline for both products.

Why it matters

The flows line up with the broader risk-off tape across crypto majors this week, but the asymmetry is the story. Spot Bitcoin vehicles absorbed the largest single-day dollar exit, while Ethereum products bled on a percentage basis that is several multiples deeper than their BTC counterparts. The data suggests advisers and registered investors are reducing exposure to both assets, with the ETH complex seeing proportionally heavier rebalancing relative to its market cap.

Market impact

Solana ETFs stand out as the lone green print. The complex pulled 2,859 SOL ($239K) on May 27 and has now logged 129,403 SOL ($10.81M) in net inflows over the past seven days — a tenth consecutive day of positive flows against the broader ETF tape turning red. The $10.81M weekly figure remains modest in absolute terms, but the directional divergence is notable: $SOL products are attracting incremental capital at the same moment $BTC and $ETH vehicles are shedding it. Watch the next few sessions for whether the divergence holds or whether Solana flows rotate back in line with the majors.

Related tokens
$BTC $ETH $SOL

Frequently asked questions

  1. How much did Bitcoin and Ethereum ETFs lose on May 27?

    Spot Bitcoin ETFs shed 3,638 BTC ($272.6M) and spot Ethereum ETFs shed 9,603 ETH ($19.75M) on May 27, a combined $292.35M in a single session.

  2. What are the seven-day ETF flow totals for BTC and ETH?

    Over the past seven days, Bitcoin ETFs saw net outflows of 7,339 BTC ($549.89M) and Ethereum ETFs saw net outflows of 44,498 ETH ($91.53M), a combined $641.42M.

  3. Why are Solana ETFs gaining flows while BTC and ETH products bleed?

    Spot Solana ETFs pulled 2,859 SOL ($239K) on May 27 and 129,403 SOL ($10.81M) over the past seven days, marking a tenth consecutive day of positive flows even as BTC and ETH products shed capital.

  4. Which ETF complex bled the most in relative terms on May 27?

    Ethereum ETFs saw the sharper relative outflow. The 9,603 ETH one-day exit represents a much larger percentage of the ETH ETF complex's assets than the 3,638 BTC exit does for the Bitcoin ETF complex.

  5. What should investors watch next in the spot ETF flows?

    The key signal is whether the BTC and ETH outflows continue for additional sessions and whether Solana's ten-day inflow streak breaks or extends. A reversal in either direction would reshape the read on institutional positioning.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 45d ago
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