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

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.

More News

Coinbase CEO defends USDC rewards as distinct from bank interest amid regulatory battles.

Coinbase CEO defends USDC rewards as distinct from bank interest amid regulatory battles.

Coinbase CEO Brian Armstrong argues that USDC rewards offered by Coinbase differ fundamentally from traditional bank interest, as they are funded by interest on US Treasuries rather than deposits. This distinction is central to his opposition against...

Market News
Neutral
4 hours ago
Bittensor (TAO) jumps 13%, breaking key level amid bullish momentum and $19M in long liquidations.

Bittensor (TAO) jumps 13%, breaking key level amid bullish momentum and $19M in long liquidations.

Bittensor (TAO) surged over 13% in 24 hours, breaking above a critical $276 resistance level driven by strong buying momentum. The breakout is supported by bullish technical signals like a MACD crossover and a high aggregated funding rate, indicating...

Technical Signals
Bullish
4 hours ago
Global photo campaign launched for World Cities Day 2026 to highlight urban regeneration and housing.

Global photo campaign launched for World Cities Day 2026 to highlight urban regeneration and housing.

A global visual submission campaign titled "My City, My Home" has started in Fuzhou, China, ahead of World Cities Day 2026 on October 31. The campaign invites people worldwide to share photos and short videos showcasing urban development and the them...

Others
Neutral
4 hours ago
Huawei unveils UnifiedBus architecture boosting computing power and scalability for AI clusters.

Huawei unveils UnifiedBus architecture boosting computing power and scalability for AI clusters.

At HUAWEI CONNECT 2026, Huawei introduced its new UnifiedBus interconnect architecture designed to enhance computing efficiency and scalability in AI clusters. UnifiedBus unifies multiple protocols into one, increasing bandwidth from 100 GB/s to tera...

Market News
Bullish
4 hours ago
AI risks prompt big funds to consider Bitcoin as a new portfolio diversifier opportunity.

AI risks prompt big funds to consider Bitcoin as a new portfolio diversifier opportunity.

Major investment funds are increasingly concerned that AI exposure across sectors reduces traditional diversification benefits, prompting interest in Bitcoin as a potential hedge. Bitcoin's recent strong price performance and low, unpredictable corre...

Market News
Bullish
4 hours ago
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