US Spot-Bitcoin ETFs See $290.42 Million in Net Outflows

US spot-Bitcoin exchange-traded funds posted about $290 million in net outflows.

Data from SoSoValue showed that the 13 US-listed spot-Bitcoin ETFs recorded combined net outflows of $290.42 million on May 15.

BlackRock's IBIT led the outflows, with $136.25 million withdrawn on the day. That accounted for 46% of the total. Ark 21Shares' ARKB posted outflows of $52.48 million.

Grayscale's GBTC saw outflows of $43.64 million, followed by Fidelity's FBTC at $39.59 million, Bitwise's BITB at $11.6 million and Franklin's EZBC at $6.86 million.

By contrast, seven ETFs, including Grayscale Bitcoin Mini Trust's BTC, VanEck's HODL, Invesco's BTCO and Valkyrie's BRRR, saw no net inflows or outflows on the day.