finance
Bitcoin ETFs See $161.5 Million Outflow on May 8
Bitcoin exchange-traded funds recorded a net outflow of 2,022 BTC valued at $161.53 million on May 8. The seven-day period showed a net inflow of 18,496 BTC worth $1.48 billion. Ethereum and Solana ETFs also posted daily outflows and weekly inflows according to on-chain data.
May 8, 11:22 AM·1m read1 source
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Bitcoin exchange-traded funds experienced a net outflow of 2,022 BTC, equivalent to $161.53 million, on May 8. The same funds recorded a net inflow of 18,496 BTC, or $1.48 billion, over the preceding seven days. Ethereum ETFs reported a daily net outflow of 34,349 ETH valued at $78.35 million on the same date.
Over the seven-day period, those funds posted a net inflow of 73,153 ETH worth $166.86 million. Solana ETFs recorded a daily net inflow of 76,912 SOL, amounting to $6.85 million. The seven-day net inflow reached 368,912 SOL valued at $32.83 million.
The figures come from on-chain analytics that track movements into and out of the investment vehicles. Daily flows can fluctuate based on market sentiment and investor positioning while weekly totals provide a broader view of recent trends. Such data offers one indicator of institutional and retail demand for cryptocurrency exposure through regulated funds.
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