U.S. Bitcoin spot ETFs witnessed a fourth consecutive day of net outflows on May 5th, totaling $190 million (272.2 billion KRW). According to data from Farside Investors, these outflows were primarily driven by BlackRock's IBIT, which saw $77.4 million leave the fund, and Fidelity's FBTC, experiencing outflows of $99.1 million. Grayscale's GBTC also contributed to the overall negative trend with net outflows of $19.7 million. This sustained period of outflows raises questions about investor sentiment towards Bitcoin spot ETFs. Market analysts are closely monitoring the situation to determine if this is a temporary correction or a sign of a broader shift in investor appetite. Potential factors contributing to the outflows include profit-taking after a strong Q1 performance, macroeconomic uncertainty, and alternative investment opportunities. The performance of BTC spot ETFs will likely continue to be a key indicator of institutional adoption and overall market health. ```

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