The net outflow of funds from the U.S. spot Bitcoin ETF has reached 2.4 billion dollars

According to The Block, after recording a monthly net outflow of $2.4 billion in May, the U.S. spot Bitcoin ETF has seen capital outflows for 11 consecutive trading days. On Monday, the Bitcoin ETF had a net outflow of $484 million, with BlackRock's IBIT seeing an outflow of $440 million, while only Morgan Stanley's MSBT achieved a net inflow of $6.14 million on that day. The cumulative net outflow over the past 11 trading days is $3.45 billion, with the monthly net outflow of $2.43 billion in May being the largest single-month outflow since November 2025.

Bitrue researcher Andri Fauzan Adziima stated that the ETF outflows in May were caused by rising inflation, increasing Treasury yields, and cooling expectations for interest rate cuts, as institutions are shifting their investments from crypto ETFs to AI-related stocks. The current negative trend is a cautious risk-averse operation rather than a denial of Bitcoin. Adziima also attributed the decline in Bitcoin to the ongoing tensions between the U.S. and Iran, as well as Strategy's first BTC sale in years, stating that the timing of Strategy's potential sale announcement was poor and undermined the company's "buy and hold" narrative.