The post U.S. Spot Funds See Shocking $614M Exodus appeared on BitcoinEthereumNews.com.

Well, that wasn’t the direction many were hoping for. After a period of notable inflows, U.S. spot Bitcoin ETFs took a significant hit on May 30th, recording a massive $614.02 million in total net outflows. This marks the second consecutive trading day where more money left these investment vehicles than entered, raising questions about shifting sentiment in the crypto market. Breaking Down the Latest U.S. Spot Bitcoin ETFs Data According to data shared by @thepfund on X, the scale of the outflows on May 30th was substantial. A net figure of $614.02 million leaving the combined U.S. spot Bitcoin ETF market in a single day is certainly noteworthy. Let’s look at which specific funds saw the largest movements: BlackRock’s IBIT: Led the pack with a significant $428.62 million in net outflows. This was by far the largest contributor to the day’s negative total. ARK Invest’s ARKB: Saw $120.14 million in net outflows. Bitwise’s BITB: Experienced $35.33 million in net outflows. Grayscale’s mini BTC (BTCW): Had $16.22 million in net outflows. Fidelity’s FBTC: Recorded $13.71 million in net outflows. Interestingly, the remaining U.S. spot Bitcoin ETFs tracked reported no change in their holdings for the day, meaning they saw neither significant inflows nor outflows. Understanding Bitcoin ETF Outflows: Why Do They Matter? For those new to the space, Bitcoin ETF outflows occur when investors sell their shares in the exchange-traded fund, leading the fund manager to sell underlying Bitcoin to meet those redemptions. Net outflows mean the total value of shares being sold exceeds the value of shares being bought on a given day. Why is this data important? U.S. spot Bitcoin ETFs represent a significant avenue for traditional investors, institutions, and even retail traders to gain exposure to Bitcoin’s price movements without directly holding the cryptocurrency. The flows into and…

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Filed under: News - @ May 31, 2025 5:25 pm