coin-img-ETHETH-1.27%coin-img-BTCBTC-1.18%coin-img-SOLSOL-3.88%coin-img-XRPXRP-1.53%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+1.04%coin-img-DOGEDOGE-1.87%coin-img-HYPEHYPE-1.52%coin-img-ETHETH-1.27%coin-img-BTCBTC-1.18%coin-img-SOLSOL-3.88%coin-img-XRPXRP-1.53%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+1.04%coin-img-DOGEDOGE-1.87%coin-img-HYPEHYPE-1.52%coin-img-ETHETH-1.27%coin-img-BTCBTC-1.18%coin-img-SOLSOL-3.88%coin-img-XRPXRP-1.53%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+1.04%coin-img-DOGEDOGE-1.87%coin-img-HYPEHYPE-1.52%coin-img-ETHETH-1.27%coin-img-BTCBTC-1.18%coin-img-SOLSOL-3.88%coin-img-XRPXRP-1.53%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+1.04%coin-img-DOGEDOGE-1.87%coin-img-HYPEHYPE-1.52%

U.S. Spot Bitcoin ETFs See $6.35B Pulled in 30 Days, Marking Their Worst Monthly Stretch

U.S. spot Bitcoin ETFs are going through their sharpest bout of redemptions since launch. Galaxy Research estimates net outflows of $6.35 billion over the past 30 days, the weakest monthly performance for the category to date. Galaxy said the latest tally is the largest across all 582 rolling 30-day windows it tracks, pointing to a meaningful retreat of institutional money from Bitcoin-linked investment vehicles. If the pace persists, it could erode a key source of near-term demand support for Bitcoin prices. Such outflows typically reflect softer risk appetite, profit-taking, or broader risk-off positioning. At the fund level, BlackRock's iShares Bitcoin Trust (IBIT) led the declines, posting $4.51 billion in net outflows over the period. Morgan Stanley's MSBT stood out on the other side of the ledger, drawing $1.25 billion in net inflows. Over the same stretch, Bitcoin fell from roughly $76,000 in early May to about $64,000 at the time of publication, underscoring how the price slide coincided with investor withdrawals and a shift in market tone. The selling pressure was not limited to Bitcoin products. Spot Ethereum ETFs recorded $1.149 billion in net outflows over the past 30 days. Within that group, BlackRock's ETHA saw the largest withdrawals, while Fidelity's FETH logged the biggest inflows. Elsewhere in crypto ETFs, the Solana ETF attracted $113.34 million in net inflows over the same period. The Ripple (XRP) ETF and Hype (HYPE) ETF also posted monthly inflows, according to SoSo Value. Despite the muted momentum, Franklin Templeton has filed with the U.S. Securities and Exchange Commission for a new product designed to translate stock dividends into Bitcoin exposure. The proposed Franklin US Equity Bitcoin DRIP Index ETF aims to track the VettaFi US LargeCap 500 Bitcoin DRIP Index. In summary, the past 30 days were defined by heavy redemptions from BlackRock's IBIT and notable inflows into Morgan Stanley's MSBT. Ethereum ETFs mirrored Bitcoin's outflow trend, while Solana, XRP and HYPE ETFs moved in the opposite direction with net inflows.
Selected
BTC
BTC-1.29%
ETH
ETH-1.35%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.