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Bitcoin ETFs lose $1.2B in third worst week despite Bitcoin price dropping less than 2%.

Market News
24 May 2026
UToday
View Source
Bearish
pluang ai news

U.S.-based spot Bitcoin ETFs experienced significant outflows totaling $1.2 billion over five days, marking the third worst week on record for these funds. The largest single-day withdrawal was $647 million on May 18, followed by continued losses throughout the week. Despite these outflows, Bitcoin's price fell less than 2%, and the total assets under management in these ETFs remain substantial at nearly $99 billion, representing 6.49% of Bitcoin's global market cap. This reflects short-term institutional reactions to market uncertainties, including changing rate cut expectations and broader risk asset pressures.

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