ARKB and IBIT Lead $1B Weekly Bitcoin ETF Outflows as XRP, Solana Inflows Rise

Between May 11 and May 15, spot bitcoin ETFs reversed course with $1 billion in weekly net outflows, led by withdrawals from ARKB and Blackrock's IBIT. Spot ether ETFs also stayed under pressure, posting $255.11 million in net outflows. In contrast, XRP and solana ETFs drew $60.50 million and $58.12 million in net inflows, respectively.