Bitcoin spot ETFs posted a net outflow of $334 million on May 26 (Eastern Time), according to SoSoValue data, extending a brutal seven-consecutive-day streak of institutional redemptions. The relentless pace of withdrawals signals a meaningful shift in near-term sentiment among ETF holders, who piled in aggressively during earlier inflow cycles.
Ethereum spot ETFs compounded the picture, shedding $35.04 million on the same day — their eleventh consecutive session of net outflows. The parallel bleed across both major spot ETF products suggests this isn't isolated rotation out of a single asset but a broader risk-off posture among institutional and retail participants accessing crypto through regulated wrappers.
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