U.S. spot Bitcoin ETFs extend outflow streak to six sessions; 2026 net inflows slip to $536M

BlockBeats reports that official figures released May 25 show U.S. spot Bitcoin ETFs logged net redemptions for a sixth straight trading day as of May 24, bringing total outflows over the stretch to $1.55 billion. On Friday alone, the group saw $105.2 million exit, led by BlackRock's iShares Bitcoin Trust (IBIT) with $68.9 million in outflows and Fidelity's Wise Origin Bitcoin Fund (FBTC) with $36.3 million. The drawdown has pushed cumulative net inflows since the start of 2026 down to $536 million, putting the category close to flipping into negative territory for the year. Institutional positioning has also softened. Jane Street cut its Bitcoin ETF holdings by about 70% in the first quarter, and Goldman Sachs reduced its stake by 10%. Some products have still attracted capital. IBIT has posted $2.7 billion of net inflows year-to-date, though well below the $25 billion it recorded for all of 2025. The Morgan Stanley Bitcoin Trust ETF (MSBT), launched April 8, has pulled in $264 million of net inflows, outpacing offerings from Invesco and WisdomTree. Elsewhere, U.S. spot Ethereum ETFs remain in net outflow territory year-to-date. Several crypto ETF proposals backed by Donald Trump's Truth Social and led by asset manager Yorkville America withdrew their filings on Tuesday. Bitcoin ETF flows are widely watched as a barometer of institutional demand and fresh capital entering the crypto market.