Spot Bitcoin ETFs saw $1.42 billion in outflows during May 25-29, led by BlackRock’s iShares Bitcoin Trust with $966 million pulled, including a $448 million single-day redemption. It was the third consecutive week of net withdrawals above $1 billion, totaling more than $3.5 billion over three weeks.
Spot Bitcoin ETFs posted combined net outflows of $1.42 billion in the week of May 25-29, marking the third-largest weekly withdrawal since their U.S. launch.
BlackRock’s iShares Bitcoin Trust accounted for $966 million of that outflow, including a record single-day redemption of $448 million, making it the largest pullback among spot Bitcoin ETFs last week.
This marked the third straight week of net outflows exceeding $1 billion, lifting total redemptions over the past three weeks to more than $3.5 billion and reflecting investor caution driven by rising Treasury yields and geopolitical uncertainty.
Despite recent redemptions, spot Bitcoin ETFs still hold $94.17 billion in net assets and maintain cumulative historical net inflows of $55.66 billion, underscoring sustained investor interest over the longer term.