Bitcoin ETF Outflows Hit Longest Streak As Demand Cools

By Zagham Abbas | Edited By Ammar Raza,May 30, 2026, 3:09 AM

Bitcoin ETF products listed on US exchanges have witnessed the longest streak of outflows since their inception, indicating weak demand for Bitcoin investment using regulated funds.

In a new report issued on Thursday by Farside Investors, there was a net outflow of $223 million from spot bitcoin ETFs, marking their ninth consecutive day of outflows. It marks the longest stretch of outflows ever recorded for any BTC ETF.

Source: Farside

The current streak has managed to break the previous record of 8 consecutive sessions recorded in February 2025. The total amount withdrawn for the current sell-off stands at $2.84 billion, lower than the previous sell-off, where $3.2 billion was withdrawn.

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BlackRock’s IBIT Leads Bitcoin ETF Outflows

The BlackRock iShares Bitcoin Trust (IBIT), the biggest BTC ETF, was responsible for the majority of outflows during the 9 days.

Outflows for IBIT were recorded to be $2.04 billion over the period. On May 27th, it posted an outflow of $527.8 million, the second largest ever recorded, trailing only the peak recorded in January 2025.

In spite of all the pressure, IBIT continues to be the leader among Bitcoin ETFs in the US. In its possession, there are still nearly 792,000 BTC, accounting for 62% of all spot Bitcoin ETF assets, Wallet Pilot reported.

Source: Wallet Pilot

Bitcoin ETF Outflows Boost HYPE and XRP Funds

Despite continued outflows from the BTC ETFs, new crypto funds that track other crypto assets have continued to record inflows.

Hyperliquid HYPE ETFs have experienced continued demand for the last two weeks and received an estimated $100 million in inflows from May 12 to May 28, according to SoSoValue data. The spot XRP funds also gained another $120 million.

Source: SoSoValue

This divide in fund flow indicates that investors are shifting their attention from the BTC ETF category to other new altcoin products despite selling pressure in the Ether ETF space as well.

Ethereum spot ETFs saw consecutive 13 days of outflows from May 11 to May 29, amounting to a total of $694 million withdrawn.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

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