finance
Bitcoin ETF Outflows Total $566,000 on May 12
U.S. spot Bitcoin ETFs recorded a net outflow of $566,000 on May 12 while showing a net inflow of $49.41 million over the past seven days. Ethereum ETFs posted net outflows on both a daily and weekly basis. Solana ETFs continued to see inflows over the same periods.
May 12, 10:44 AM·1m read1 source
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U.S. spot Bitcoin exchange-traded funds recorded a net outflow of seven BTC, or about $566,000, on May 12. The same funds posted a net inflow of 612 BTC, or $49.41 million, over the preceding seven days.
Ethereum ETFs saw a net outflow of 1,183 ETH, valued at $2.7 million, during the single trading day. Over the seven-day period the funds recorded a net outflow of 2,742 ETH, or $6.25 million. Solana ETFs posted a net inflow of 259,129 SOL, equivalent to $24.62 million, on May 12.
The seven-day net inflow reached 669,359 SOL, or $63.59 million. The figures reflect daily creations and redemptions reported for the spot cryptocurrency ETFs. One-day flows can fluctuate based on market conditions while seven-day totals provide a broader view of recent investor sentiment.
Market participants monitor these flows as one indicator of institutional demand for cryptocurrency exposure through regulated investment vehicles.
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