Spot Bitcoin ETFs have recorded outflows for ten consecutive trading days. Since May 15, the total net outflow has exceeded USD 2.97 billion. According to SoSoValue data, daily outflows during this period ranged from USD 70 million to USD 733 million, with the highest figure of USD 733.43 million recorded on Wednesday. This was reported by Cointelegraph.com .
Total net assets in spot Bitcoin ETFs fell from USD 104.29 billion on May 15 to USD 94.17 billion by Friday. This represents a decline of nearly USD 10 billion in two weeks. The current ten-day streak has broken the previous eight-day record observed early last year. Analysts believe such massive outflows indicate high levels of fear and risk aversion among institutional investors in the market.
Crypto analytics firm Santiment Intelligence calls this situation a "contrarian indicator." Historical experience shows that sharp outflows from ETFs often signal that the market is nearing a bottom. Prices usually move in the opposite direction of trader expectations, meaning periods of maximum fear and despair often occur before a price recovery.
Meanwhile, spot Ether (ETH) ETFs have also been caught in the general sell-off wave, losing funds for 14 consecutive days since May 11. Total assets dropped from USD 13.85 billion to USD 11.27 billion. Conversely, spot Hyperliquid (HYPE) ETFs have bucked the market trend, attracting investment every day since launch and growing their assets to USD 122.20 million.
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