Bitcoin Spot ETFs Post $1.42B Net Outflows Last Week, Third-Largest on Record

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According to SoSoValue data, Bitcoin spot ETFs saw net outflows of $1.42 billion during the week of May 25-29, marking the third-largest weekly outflow on record. BlackRock's IBIT led the outflows with $966 million in net redemptions for the week, bringing its cumulative net outflows to $6.381 billion. Grayscale's GBTC followed with $175 million in weekly outflows, accumulating $2.662 billion in total net outflows. As of publication, Bitcoin spot ETF assets under management totaled $94.17 billion.
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