US Spot Bitcoin ETFs Suffer $635 Million Outflow as BlackRock IBIT Leads
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded $635 million in net outflows on May 13, led by BlackRock’s IBIT with $285 million in net outflows. The move was described as the largest single-day outflow for the category in 105 days.
U.S. spot Ether ETFs posted $36.3 million in net outflows, with BlackRock’s ETHA logging the largest single-day outflow at $21.1 million. Spot Solana ETFs, by contrast, saw $5.97 million in net inflows.
From the sources (4 posts)
@cryptoroverBREAKING: Blackrock sells $284,680,000 worth of Bitcoin...
@wublockchainUS Spot Bitcoin ETFs See $635M Net Outflows on May 13 as IBIT Leads According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net outflows of $635 million on May 13 (ET), led by BlackRock’s IBIT with $285 million in net outflows.
@cryptoroverVERY BEARISH 🚨 Bitcoin ETFs sold $635 MILLION worth of BTC yesterday. This was the largest single day outflow in 105 days.
@cointelegraph🇺🇸 ETF FLOWS: SOL spot ETFs saw net inflows on May 13, while BTC and ETH spot ETFs saw net outflows. BTC: -$635.23M ETH: -$36.3M SOL: $5.97M