US spot Bitcoin ETFs shed $1 billion in a week as May 13 sees $635 million exit

The 13 US spot Bitcoin ETFs recorded combined net outflows of $1 billion this week, according to SoSo data. The largest single-day withdrawal occurred on May 13, when $635 million left the funds. Even after the pullback, the products still account for 6.58% of Bitcoin's current supply, with total assets under management of $104.3 billion.