The current outflow marks a three-month high.
On May 13, US spot bitcoin ETFs recorded a record daily outflow of $635.23 million, the largest since late January. This broke a streak of recent positive flows.
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Bitcoin ETF Outflows May 2026: Leaders and Losses
The largest losses were posted by:
- IBIT (BlackRock) — $284.69M
- ARKB (ARK Invest) — $177.1M
- FBTC (Fidelity) — $133.22M
Other funds also ended the day mostly in negative territory. Spot Ethereum (ETH) ETFs lost an additional $36.3M.
Why Bitcoin ETF Flows Turned Negative in May 2026
Analysts attribute the sharp outflow to macroeconomic factors. The Consumer Price Index (CPI) rose to 3.8% in April, the highest since September 2023. The Producer Price Index (PPI) jumped to 6%. These data points heightened concerns about tight Fed policy and pushed back expectations for rate cuts.
Corporate bitcoin (BTC) purchases also slowed significantly, down 80% compared to the previous month. Institutional investors used the price recovery to partially take profits.
Read more: Kevin Warsh Is the New Fed Chair — What Crypto Market Can Expect From a Bitcoin Supporter
Bitcoin ETF Inflows Outflows Latest May 2026: Outlook for the Market
Despite the strong outflow, many analysts see it as a “healthy consolidation” rather than the start of a major reversal. Earlier in May, BTC▼$63,730.00 ETFs showed solid inflows, and the segment attracted more than $2B in April. Experts note that current dynamics reflect a reaction to macro data, not a loss of long-term interest in bitcoin.
Learn more: Best Bitcoin Indicators for Timing the Market in 2026
