The US Bitcoin ETF has seen net outflows for 6 consecutive days, and the year-to-date net inflows for 2026 have narrowed to $536 million.

May 25 — U.S. Bitcoin spot ETFs have seen six straight trading days of net outflows totaling $1.55 billion, per official data as of May 24. Last Friday alone recorded a single-day net outflow of $105.2 million: BlackRock’s IBIT accounted for $68.9 million of that drop, while Fidelity’s FBTC saw an outflow of $36.3 million. This brings the 2026 cumulative net inflow for Bitcoin ETFs down to $536 million, approaching the annual net outflow threshold. On the market front: Institutional market maker Jane Street cut its Bitcoin ETF holdings by roughly 70% in the first quarter, and Goldman Sachs trimmed its stake by 10%. There are bright spots too: IBIT has notched $2.7 billion in net inflows year-to-date, though that’s far below 2025’s full-year level of $25 billion. Morgan Stanley’s Bitcoin Trust ETF (MSBT), launched on April 8, has pulled in $264 million in net inflows — surpassing products from Invesco and WisdomTree. In other crypto ETF news: U.S. Ethereum spot ETFs have posted net outflows since the start of the year. Separately, several cryptocurrency ETFs backed by Trump’s Truth Social and led by asset manager Yorkville America filed for withdrawal earlier this Tuesday.