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🩸BEARISH

Bitcoin ETFs bleed $105M on day six of outflows as Ethereum ETFs hit a 10-day streak!

U.S. spot Bitcoin ETFs recorded a total net outflow of $105 million on May 22, according to SoSoValue data — marking…

U.S. spot Bitcoin ETFs recorded a total net outflow of $105 million on May 22, according to SoSoValue data — marking the sixth consecutive day of outflows and signalling a sustained retreat from the dominant crypto ETF complex. The streak is notable not for any single day's number but for its persistence: six days without a net-positive session points to a structural shift in short-term institutional positioning rather than a one-off rebalancing event.

Spot Ethereum ETFs extended their own losing run to 10 consecutive days of net outflows, shedding $6.67 million on the same session. A double-digit outflow streak on ETH products suggests the risk-off pressure is broad-based across the crypto ETF landscape, not isolated to Bitcoin.

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