US Spot Crypto ETF Flows Show Bitcoin and Ethereum Outflows on May 12

Daily spot crypto ETF data for May 12 showed net withdrawals from Bitcoin and Ethereum, while XRP and Solana posted modest inflows.

Summary

U.S. spot crypto ETF flows on May 12 were negative for the two largest digital assets tracked in the update. Bitcoin recorded net outflows of $233 million, while Ethereum saw net outflows of $130 million. In contrast, XRP attracted $5 million in net inflows and Solana added $19 million. ETF flow data is closely watched because it can indicate short-term investor demand for regulated crypto exposure through public market products.

Terms & Concepts
  • Spot crypto ETF: An exchange-traded fund that aims to track the current market price of a cryptocurrency by holding the underlying asset directly.
  • Net outflow: The amount of money withdrawn from an investment product after subtracting any new money that entered it.
  • Net inflow: The amount of new capital added to an investment product after accounting for withdrawals.