PANews reported on May 30th that, according to Cointelegraph, the US spot Bitcoin ETF has seen net outflows for nine consecutive trading days, totaling approximately $2.84 billion. This marks the longest losing streak since the product's launch in 2024, surpassing the previous record of consecutive outflows set on February 8, 2025. BlackRock's IBIT was the primary source of these outflows.

Analysis indicates that this round of capital outflows reflects a significant cooling in institutional demand for Bitcoin ETF exposure, while the market is showing a divergent trend: Hyperliquid-related ETFs and some XRP spot ETFs are still recording capital inflows, while Ethereum spot ETFs have experienced capital outflows for 13 consecutive days, with a cumulative outflow of approximately $694 million, indicating that funds in crypto asset ETFs are being reallocated.