Bitcoin spot ETFs recorded a $229 million net outflow on May 28, marking the ninth consecutive day of outflows.

KuCoinFlash

Release Time: 05/29/2026 04:32:04

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Summary

Bitcoin news reports that spot ETFs tracking the asset experienced a $229 million net outflow on May 28, marking the ninth consecutive day of outflows. BlackRock’s IBIT led with a $178 million outflow, while Grayscale’s GBTC lost $26.19 million. Total net assets for Bitcoin spot ETFs now stand at $94.25 billion, representing a net asset ratio of 6.39% relative to Bitcoin’s total market cap. Bitcoin analysis suggests ongoing pressure remains a key focus for traders.

ME News reports that, as of May 29 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $229 million on May 28 (Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, with a net outflow of $178 million; IBIT's total historical net inflow now stands at $63.875 billion.

Second is Grayscale's ETF GBTC, with a single-day net outflow of $26.19 million; the total historical net outflow for GBTC has reached $26.616 billion.

As of the time of writing, the total net asset value of spot Bitcoin ETFs is $94.25 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) of 6.39%, and cumulative net inflows reaching $55.788 billion.(Source: SoSoValue)

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