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cryptoMay 30, 2026, 5:35 AM

US Bitcoin ETFs See 3rd Consecutive Red Week with $3.5B Outflows Since May 11

US Bitcoin ETFs have recorded their third consecutive red week, with over $3.5 billion in net outflows since May 11. Blackrock's ETF has been in the red daily for the past two weeks.

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Blackrock's spot Bitcoin ETF has been in the red every day for the last two weeks, contributing to a broader downturn for US Bitcoin ETFs.

The entire category just wrapped up its third consecutive weekly decline. Since May 11, net outflows from these funds have surpassed $3.5 billion, reflecting sustained bearish sentiment among institutional investors.

Source: Cointelegraph