Bitcoin spot ETFs log $733.4M in net redemptions; Ethereum ETFs shed $67.1M
Bitcoin ETFs saw net outflows of $733.4 million on May 28, according to data compiled by Farside Investors and cited by Huo Xing Finance. BlackRock's IBIT led the withdrawals, posting $527.8 million in net outflows. Ethereum ETFs also recorded net redemptions totaling $67.1 million, with ETHA accounting for $65.1 million of the outflow.