TechFlow News, May 30: According to SoSoValue data, on May 29 (Eastern Time, U.S.), U.S. spot Bitcoin ETFs recorded a combined net outflow of approximately $125 million, extending the recent trend of capital withdrawals—marking the 10th consecutive trading day of net outflows.
Meanwhile, spot Ethereum ETFs saw a combined net outflow of roughly $17.91 million that day, increasing the streak of consecutive net outflow days to 14.
Overall, recent fund flows into crypto spot ETFs have been weak, reflecting increasingly cautious market sentiment. With Bitcoin’s price remaining in a high-level consolidation range, the ongoing institutional outflows have drawn significant market attention.
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