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Bitcoin ETFs see $733M outflows led by Blackrock as crypto investors cut risk amid selective altcoin inflows.

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

Bitcoin ETFs experienced significant outflows totaling $733.43 million on May 27, marking the eighth consecutive day of withdrawals, with Blackrock's IBIT fund alone losing $527.84 million. Ether ETFs also faced pressure, extending a 12-day outflow streak with $67.15 million exiting, primarily from Blackrock's ETHA. Meanwhile, altcoin-focused ETFs like HYPE and Solana attracted modest inflows, suggesting some selective investor interest. Overall, the market shows a cautious stance with investors reducing exposure to major crypto ETFs while selectively adding to altcoins, indicating ongoing risk aversion in the crypto space.

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