data<\/a>, the 12 spot Bitcoin ETFs in the U.S. recorded $157.4 million in outflows over the past week from May 27-30, ending a six-week inflow streak that drew in over $9 billion into the funds.<\/p>\nAmong the funds hit hardest was ARK 21Shares\u2019 ARKB, which saw $281.9 million pulled by investors. Fidelity\u2019s FBTC wasn\u2019t far behind, recording outflows of $198.8 million.<\/p>\n
Grayscale\u2019s GBTC and Bitwise\u2019s BITB also took a hit, losing $134.4 million and $104.3 million, respectively. Other funds like Invesco\u2019s BTCO, Franklin Templeton\u2019s EZBC, and VanEck\u2019s HODL recorded a combined $30.3 million in redemptions.<\/p>\n
Still, it wasn\u2019t entirely bearish across the board. BlackRock\u2019s IBIT managed to offset a significant portion of the outflows with $584.6 million in inflows, indicating that some investors still viewed the pullback as a buying opportunity. Grayscale\u2019s mini BTC fund and Valkyrie\u2019s BRRR also saw modest inflows, helping soften the overall blow.<\/p>\n
Despite last week\u2019s redemptions, May still ended on a bullish note for Bitcoin ETFs overall. Net inflows totaled around $5.23 billion for the month, up over 75% compared to April\u2019s figure. For context, February and March had seen net outflows of $3.56 billion and $767.91 million, respectively. The rebound in May shows just how much appetite investors still have for BTC, even with short-term market jitters.<\/p>\n
<\/p>\n
Investor demand for Bitcoin ETFs took a hit last week, partly because traders started locking in profits after BTC\u2019s rally its new all-time high earlier in May. With June historically being a bearish month for Bitcoin in four of the past six years, many likely chose to take some gains off the table ahead of a potential seasonal dip.<\/p>\n
At the same time, fresh worries on the macro front didn\u2019t help. The ongoing drama around Trump\u2019s trade tariffs resurfaced after two U.S. courts issued conflicting rulings.\u00a0<\/p>\n
One ruling declared the tariffs illegal, while the other allowed them to stay in place during the appeal process, which could drag on all the way to the Supreme Court. That kind of uncertainty is keeping some investors on edge.<\/p>\n
Bitcoin\u2019s (BTC) price has slipped about 4.3% over the past week, briefly dipping to $103,950 on June 2 before bouncing back a bit to around $105,000. Even with the drop, BTC is still just 6.1% off its all-time high of $111,814 from earlier last month.<\/p>\n
\u201cThis pullback is healthy, not signaling outright bearishness but more of a pause and consolidation,\u201d Himanshu Maradiya, founder and chairman of CIFDAQ, told crypto.news.\u00a0<\/p>\n
\u201cOverall, this is not a risk-on environment, but also not one to fear. It\u2019s a time for discipline: capital preservation, sharp focus, and readiness to seize opportunities as they arise.\u201d<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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