Spot Bitcoin ETFs Lose $290 Million As All Twelve Funds See No Inflows

Spot Bitcoin ETFs saw $290.42M in outflows on May 15, with all 12 funds posting no inflows, per SoSoValue data.

Spot Bitcoin ETFs saw a broad pullback on May 15, as all twelve U.S. funds reported no net inflows.

According to SoSoValue data, the products posted $290.42 million in total net outflows.

The move came as weekly withdrawals reached about $1 billion. It also ended a six-week run of inflows worth $3.4 billion.

Spot Bitcoin ETFs Post $290 Million Daily Outflow

U.S. spot Bitcoin ETFs recorded $290.42 million in net outflows on May 15, Eastern Time. None of the twelve listed funds saw net inflows, according to SoSoValue data.

The daily loss was the second-largest outflow this month. It followed a sharp withdrawal on Wednesday, when $635 million left the funds.

The latest data pushed weekly flows to about minus $1 billion. That marked the first weekly net outflow in six weeks.

It was also the largest weekly Bitcoin ETF outflow since January. The change ended a six-week inflow streak worth $3.4 billion.

Bitcoin held near $82,000 during the pullback. Market desks continued to watch the $80,000 level as a key price area.

Ethereum ETFs Extend Five-Day Outflow Streak

Spot Ethereum ETFs also reported fresh withdrawals during the same period. The funds posted $65.65 million in net outflows on May 15.

Ethereum ETF products recorded outflows across all five trading sessions. Total withdrawals for the week reached about $254 million.

The data showed weaker demand across both major crypto ETF markets. Bitcoin and Ethereum funds both faced selling pressure from investors.

ETF flows are often watched as a gauge of institutional demand. They can also show short-term changes in risk appetite.

The outflows came after strong inflows earlier in the year. They also followed a period of wider market movement across technology assets.

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AI Stocks Draw Market Attention

Capital did not leave risk markets completely during the week. Large technology stocks continued to attract attention from investors.

NVIDIA, Google, and Apple traded near record levels. Cerebras also gained about 70% on its IPO day, based on the figures cited.

The move suggested that some investors favored artificial intelligence-linked assets. It also showed a pause in demand for spot crypto ETFs.

Analysts often compare ETF flows across sectors to track rotation. This week, crypto funds lost assets while AI-linked names gained attention.

Still, Bitcoin remained above a closely watched price band. The market focus stayed on whether $80,000 would hold during selling pressure.

The latest Bitcoin ETF data showed a clear weekly shift. All twelve funds failed to attract net inflows on May 15.

Ethereum ETFs also extended their outflow streak, and both markets faced weaker ETF demand.

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