On May 13, Bitcoin spot exchange-traded funds (ETFs) saw heavy redemptions, while Ethereum spot ETFs also posted outflows, according to market data shared in the source.
Bitcoin spot ETFs recorded total net outflows of $635.23 million on May 13, according to the source data. Ethereum spot ETFs also reported total net outflows, totaling $36.30 million. The figures suggest broad short-term selling across U.S. crypto-linked exchange-traded funds, which can weigh on market sentiment and reflect reduced investor demand for direct price exposure through regulated investment products.