📉 #BitcoinETFs Inflows Break 10-Day Streak
After a $4.2B run, U.S. spot #bitcoin #ETFs saw $358M in net outflows on May 29, snapping a 10-day streak. Trump’s revived tariff policies spooked markets, triggering investor caution.
🔻 Major outflows:
Fidelity FBTC: -$166M
Grayscale GBTC: -$107M
ARKB & BITB: -$160M+ combined
🟢 But BlackRock’s IBIT bucked the trend with $125M in inflows.
💡 Despite the dip, May ETF inflows near $6B, nearly double April’s — while gold ETFs lose $2.8B.
$BTC briefly dipped to $105K but stays within 5% of ATH. Analysts call this a healthy pullback, not a trend reversal.