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Bitcoin and Ether ETFs see $350M outflows; XRP and HYPE ETFs attract modest inflows amid cautious market.

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

Bitcoin and Ether exchange-traded funds (ETFs) experienced significant outflows on May 28, with Bitcoin ETFs losing $228.9 million over nine consecutive days and Ether ETFs shedding $121.4 million across 13 days, signaling weak institutional demand. Blackrock's IBIT led Bitcoin ETF outflows with $177.94 million withdrawn. In contrast, smaller altcoin ETFs such as XRP, HYPE, and Solana attracted modest inflows, showing selective investor interest beyond the major cryptocurrencies. The overall market remains cautious, with combined outflows from Bitcoin and Ether ETFs totaling $350.23 million, while altcoin ETFs provide some balance with steady, though smaller, inflows.

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