Bitcoin ETFs Post Third Straight Weekly Outflow, Exceeding $3.5 Billion in Three Weeks

Bitcoin ETFs Post Third Straight Weekly Outflow, Exceeding $3.5 Billion in Three Weeks

Cointelegraph reported that U.S. spot Bitcoin ETFs have now recorded about $2.84 billion in net outflows over nine straight trading days, while spot Ethereum ETFs extended their withdrawal streak to 13 consecutive sessions.

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Fact Check
Every specific element is corroborated. CoinDesk verifies the exact $733.43M outflow across 11 U.S. spot BTC ETFs and confirms BlackRock's IBIT led outflows on May 28, 2026. SolanaFloor and Cryptonews confirm ~$900-930M in crypto liquidations and BTC dropping below $73K amid U.S.-Iran tensions over the Strait of Hormuz. CryptoBriefing confirms Trump's push for the CLARITY Act in this same news cycle. Bitcoin Magazine independently confirms the price drop and ETF outflow narrative on the same date.
Summary

U.S. spot Bitcoin ETFs remained under pressure, with Cointelegraph reporting about $2.84 billion in net outflows across nine consecutive trading days, the longest such streak since the products launched in 2024. BlackRock’s IBIT was identified as the main source of the Bitcoin ETF withdrawals. This extended a broader period of redemptions that had already included $1.4156 billion in weekly net outflows through May 30, marking a third straight week of withdrawals totaling more than $3.5 billion. Spot Ethereum ETFs also faced continued weakness, logging 13 straight days of net outflows totaling about $694 million.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly, giving investors regulated exposure to Bitcoin without directly owning or storing the asset.
  • Net outflows: The net amount of money withdrawn from a fund over a given period after accounting for any inflows.
  • Spot Ethereum ETFs: Exchange-traded funds that hold Ether directly, allowing investors to gain market exposure to Ethereum through regulated investment products.