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Spot Bitcoin ETFs lose $1B in a week, ending six weeks of gains

Market News
16 May 2026
Cointelegraph
View Source
Bearish
pluang ai news

Spot Bitcoin ETFs experienced a significant outflow of $1 billion over the past week, breaking a six-week streak of inflows. This reversal indicates a shift in investor sentiment or profit-taking after a sustained period of investment growth in these funds. The change could impact Bitcoin-related investment trends and market dynamics in the near term as investors reassess their positions.

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Aduro and ECOCE complete Phase 1 of mapping flexible plastic waste in Mexico, starting HCT testing for circular recycling.

Aduro and ECOCE complete Phase 1 of mapping flexible plastic waste in Mexico, starting HCT testing for circular recycling.

Aduro Clean Technologies and ECOCE have successfully completed Phase 1 of mapping flexible and multilayer plastic waste streams in Mexico, estimated at 1.5 million tons annually. The project now moves into testing these materials using Aduro's Hydroc...

Market News
Bullish
1 hour ago
Aduro and ECOCE advance to HCT testing for recycling Mexico's flexible plastic waste streams.

Aduro and ECOCE advance to HCT testing for recycling Mexico's flexible plastic waste streams.

Aduro Clean Technologies and ECOCE have completed phase 1 of mapping flexible plastic waste streams in Mexico, estimated at 1.5 million tonnes annually. They are now moving selected post-consumer flexible packaging materials into Hydrochemolytic™ (HC...

Market News
Bullish
1 hour ago
Bitcoin ETF investors face major risks if custodians like Coinbase fail, potentially losing access to their bitcoin holdings.

Bitcoin ETF investors face major risks if custodians like Coinbase fail, potentially losing access to their bitcoin holdings.

U.S.-listed bitcoin ETFs hold over $100 billion in bitcoin, but investors face significant risks if sponsors or custodians fail. While sponsor failure would likely lead to an orderly wind-down and cash distribution to shareholders, custodian failure—...

Market News
Neutral
4 hours ago
Ethereum could surpass $5,000 as Wall Street drives new institutional adoption, says Tom Lee.

Ethereum could surpass $5,000 as Wall Street drives new institutional adoption, says Tom Lee.

Ethereum (ETH), currently trading near $1,880, may break its previous high of nearly $5,000 due to growing institutional adoption, according to Fundstrat co-founder Tom Lee. He highlights that unlike past growth driven by ICOs and NFTs, this new phas...

Market News
Bullish
4 hours ago
Uala raises $197M led by Allianz X with Tether joining as investor in Latin American fintech expansion

Uala raises $197M led by Allianz X with Tether joining as investor in Latin American fintech expansion

Argentine fintech Uala completed a $197 million funding round led by Allianz X, with Tether participating as an investor. This significant capital injection supports Uala's digital financial services growth across Latin America. Tether's $20 million ...

Market News
Bullish
4 hours ago
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