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U.S. spot Bitcoin ETFs see $648M outflows over two days, led by BlackRock's IBIT fund.

Market News
19 May 2026
Tokenpost
View Source
Bearish
pluang ai news

U.S. spot Bitcoin ETFs experienced $648.64 million in net outflows on May 18, following $290.42 million outflows on May 15, indicating a short-term defensive shift among institutional investors. BlackRock's IBIT fund led the withdrawals with $448.36 million redeemed, showing that even the largest and most liquid Bitcoin ETF is affected by changing sentiment. Despite these outflows, cumulative net inflows remain strong at $57.69 billion, highlighting ongoing long-term institutional interest. Trading volumes remain high, suggesting active repositioning rather than a broad exit from Bitcoin exposure, with ETFs now controlling over 6.5% of Bitcoin's market capitalization and serving as a key indicator of market risk appetite.

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