U.S. Bitcoin ETFs Post $1 Billion Weekly Outflow, Ending Six-Week Streak
Higher Treasury yields following hot inflation pulled institutional money toward bonds.
Overview
- For the week ending May 15, spot Bitcoin ETFs saw roughly $1 billion in net withdrawals, breaking a six-week run of inflows.
- One trading session logged $635.23 million in outflows, the largest single-day pullback of the week.
- The week closed with all 11 U.S. spot Bitcoin ETFs reporting outflows, signaling broad selling across products.
- Rising Treasury yields near 4.55% after April inflation readings made bonds more attractive than volatile assets like crypto.
- Flows diverged within crypto as Ethereum ETFs lost about $254 million for the week and Solana ETFs attracted roughly $58 million, while the Senate Banking Committee advanced the CLARITY Act in a 15–9 vote that could define token and stablecoin rules.