BlockBeats news: On May 23, U.S. spot Bitcoin ETFs recorded net outflows of approximately $1.26 billion this week, the largest weekly outflow since late January this year, with net redemptions occurring for six consecutive trading days.
Data shows that this category of assets experienced outflows of approximately $649 million on Monday alone. Although outflows eased slightly in the following days, the overall trend remains one of sustained outflows. Market participants point to rising U.S. Treasury yields, a stronger dollar, and heightened geopolitical tensions as key reasons for the capital outflows.
Meanwhile, Ethereum ETFs have also come under pressure, posting net outflows for 10 consecutive trading days—the longest outflow period since March 2025. The total outflow for the week amounted to approximately $216 million.
Among them, iShares Bitcoin Trust (IBIT), managed by BlackRock, currently holds approximately $61.1 billion in assets under management, still below the cumulative net inflows of about $3.7 billion, indicating that recent market price fluctuations have impacted the value of holdings.
At the close of the ETF trading day, Bitcoin was trading around $77,500, and Ethereum around $2,130, with overall markets remaining in a narrow range.
Despite significant short-term outflows, spot Bitcoin ETFs have accumulated net inflows of approximately $57.1 billion since their launch, with total assets under management of about $98.9 billion.