In May, US spot Bitcoin ETFs saw a net outflow of $2.4 billion.

CoinFeed reported on June 2nd that, according to The Block, US spot Bitcoin ETFs have seen outflows for 11 consecutive trading days after recording a net outflow of $2.4 billion in May. On Monday, Bitcoin ETFs saw a net outflow of $484 million, with BlackRock's IBIT experiencing a $440 million outflow, while only Morgan Stanley's MSBT saw a net inflow of $6.14 million. The cumulative net outflow over the past 11 trading days reached $3.45 billion, with May's net outflow of $2.43 billion being the largest monthly outflow since November 2025. Bitrue researcher Andri Fauzan Adziima stated that the May ETF outflows were driven by rising inflation, higher Treasury yields, and cooling expectations of interest rate cuts, with institutions shifting funds from crypto ETFs to AI-related stocks. The current negative trend reflects cautious risk aversion rather than a rejection of Bitcoin.