Galaxy: Bitcoin ETPs saw a net outflow of $1.2 billion this week, marking the third worst weekly performance so far this year.

CoinFeed reported on May 23 that Alex Thorn, Head of Research at Galaxy, pointed out in an article published on the X platform that spot Bitcoin exchange-traded products (ETPs) continued to experience outflows this week, with a net outflow of $1.2 billion, marking the third worst weekly performance so far in 2026, reflecting a further increase in market risk aversion. Thorn stated in his article on the X platform that spot Bitcoin exchange-traded products continued to experience outflows this week, with a net outflow of $1.2 billion, marking the third worst weekly performance so far in 2026, indicating that market risk aversion is still rising.