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Bitcoin ETFs see $649M outflow as Blackrock loses $448M, signaling institutional caution in crypto market

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

Bitcoin ETFs experienced one of their largest daily outflows of 2026, losing $648.64 million with Blackrock's IBIT fund accounting for $448.36 million of the withdrawals. Ether ETFs also faced continued outflows for the sixth straight day, losing $86.31 million led by Blackrock's ETHA fund. Meanwhile, Solana and XRP ETFs saw modest inflows, indicating selective buying amid broader crypto market weakness. This trend reflects growing institutional caution and risk reduction, with Bitcoin and Ether funds under pressure while smaller crypto assets attract cautious interest. The market's next direction may depend on whether institutional investors return soon or if selling continues.

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