Bitcoin ETF

Wednesday

Bitcoin

Spot

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for 10 consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near.
According to data from SoSoValue, daily outflows <a href="https://sosovalue.com/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">ranged</a> from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of roughly $10 billion in two weeks.
The current streak <a href="https://cointelegraph.com/news/bitcoin-etfs-longest-outflow-streak-institutional-demand-cools?utm_campaign=rss_partner_inbound&amp;utm_medium=rss&amp;utm_source=rss_feed" rel="noopener noreferrer nofollow">broke the previous record</a> of eight consecutive outflow sessions, which was recorded in early last year and saw $3.2 billion in withdrawals, on Thursday, before extending to 10 days on Friday.
Spot Bitcoin ETFs have become a major gauge of institutional demand since their US launch. Large inflows have historically signaled growing optimism and increased demand, while heavy outflows reflect fear and de-risking.
Related: <a href="https://cointelegraph.com/news/blackrocks-bitcoin-etf-ibit-near-record-outflows-btc-dip" rel="noopener noreferrer nofollow">Bitcoin ETFs Turn Negative as IBIT Posts Near-Record Losses</a>
<h2 id="bitcoin-etf-outflows-signal-peak-fear">Bitcoin ETF outflows signal ‘peak fear’</h2>
Crypto analytics firm Santiment Intelligence said the sustained outflows may suggest the market bottom is nearing an end. “History has shown that extreme ETF outflows typically work well as a contrarian indicator, since prices move opposite to trader expectations,” Santiment wrote on X.
In a Friday <a href="https://x.com/SantimentData/status/2060366687484981280" rel="noopener noreferrer nofollow">post</a> on X, the platform argued that when large amounts of money leave Bitcoin ETFs over a short period, it reflects ‘peak fear, frustration, or risk aversion’ among investors.<img alt="Spot Bitcoin ETFs see record 10-day outflow streak; analyst calls it ‘contrarian indicator’" height="1700" src="https://s3-images.ctmedia.io/media/content/hjfht-rxqacczdu.jfif" width="3024">
Source: Santiment Intelligence
The firm pointed to the nearly $904 million single-day outflow recorded in November 2025, which occurred close to a major market low before prices recovered. “Consider the massive level of money moving out as a sign that we are getting closer to the local bottom some patient investors have been waiting for,” it added.
Related: <a href="https://cointelegraph.com/news/bitcoin-etf-outflow-streak-pushes-market-closer-to-net-negative-flows-for-2026" rel="noopener noreferrer nofollow">Bitcoin ETFs on Brink of Net Outflow Territory For 2026</a>
<h2 id="spot-ether-etfs-see-14-day-outflow-streak">Spot Ether ETFs see 14-day outflow streak</h2>
Spot Ether (ETH) ETFs have also been caught in the broader selloff, logging outflows across 14 consecutive trading sessions from May 11 to Friday. Daily redemptions ranged from $5.65 million to $130.62 million, with the steepest single-day exit recorded on May 12 at $130.62 million. Total net assets fell from $13.85 billion on May 11 to $11.27 billion on May 29, a decline of roughly $2.6 billion over the period.
Meanwhile, spot Hyperliquid (HYPE) ETFs <a href="https://sosovalue.com/assets/etf/us-hype-spot" rel="noopener noreferrer nofollow">bucked</a> the trend, logging inflows every single session since launching on May 12. Cumulative net inflows crossed $100 million by May 28, with total net assets climbing from $1.87 million at launch to $122.20 million in just over two weeks.
Magazine: <a href="https://cointelegraph-magazine.com/guide-top-emerging-global-crypto-hubs-2026/" rel="noopener noreferrer nofollow">Guide to the top and emerging global crypto hubs — Mid-2026</a>

Spot Bitcoin ETFs see record 10-day outflow streak; analyst calls it ‘contrarian indicator’

Table of Contents

Cointelegraph

Other articles published on May 30, 2026

Join our free newsletter for daily crypto updates!