- Bitcoin ETF outflows totaled nearly $733 million in one day
- BlackRock led institutional BTC selling with over 7,000 BTC sold
- Solana and HYPE ETFs were among the few funds with inflows
Bitcoin ETF outflows intensified on May 27 as U.S. spot crypto funds recorded nearly $796.63 million in total net withdrawals. Data shared by Crypto Patel showed Bitcoin ETFs alone sold 9,796 BTC worth approximately $733.43 million, while Ethereum ETFs posted another $67.15 million in outflows.
The latest selling wave highlights growing caution among institutional investors. BlackRock, Fidelity, Grayscale, Bitwise, and ARK 21Shares all reduced Bitcoin exposure during the session, adding pressure to the broader crypto market.
Bitcoin ETF Selling Led by BlackRock and Grayscale
The largest contributor to the recent Bitcoin ETF decline came from BlackRock. The asset manager reportedly sold around 7,050 BTC valued at $527.84 million. BlackRock also reduced Ethereum holdings by approximately 31,700 ETH worth $65.10 million.
Fidelity followed with sales of 805 BTC worth roughly $60.30 million and nearly 1,000 ETH valued at $2.05 million. Grayscale also recorded significant selling activity, offloading 1,533 BTC valued near $114.7 million.
Bitwise and ARK 21Shares each reduced exposure by more than 230 BTC. Morgan Stanley stood out as the only institution posting net buying activity, purchasing 57 BTC worth around $4.29 million.
According to the data, total Bitcoin ETF selling equaled nearly 22 days of newly mined Bitcoin supply. That imbalance raised concerns among traders watching liquidity and institutional demand trends.
Bitcoin ETF Weakness Contrasts With Solana Fund Inflows
While Bitcoin and Ethereum funds posted losses, some altcoin products attracted fresh capital. Solana ETFs added roughly 6,640 SOL worth about $557,160 during the session. HYPE ETFs also saw positive activity, recording inflows of approximately $3.40 million.
Other major crypto ETFs, including XRP, LINK, LTC, DOT, HBAR, AVAX, and DOGE products, reported zero net flows for the day.
The recent Bitcoin ETF outflows reflect a broader shift toward defensive positioning as market participants assess macroeconomic conditions and risk appetite. Institutional traders now appear more selective, favoring smaller thematic products while reducing exposure to larger crypto assets amid ongoing volatility.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.