BITCOIN ETFS EXPERIENCE BRIEF DOWNTURN DESPITE ROBUST MAY INFLOWS
After six straight weeks of positive inflows, Bitcoin Spot ETFs encountered a notable change in investor sentiment in the final week of May. This reversal was fueled by uncertainty over US President Donald Trump’s trade approaches, as well as increased profit-taking activity.
Data from SoSoValue indicates that 12 US-listed Bitcoin ETFs saw outflows totaling $157.4 million from May 27 to May 30, following an impressive six-week stretch where inflows surpassed $9 billion.
