BlockBeats News, May 23rd, the US Bitcoin Spot ETF saw a net outflow of approximately $1.26 billion this week, marking the largest weekly fund outflow since late January and experiencing net redemptions for six consecutive trading days.

Data shows that the product saw outflows of about $649 million just on Monday, followed by some moderation in the following days, but overall still maintained a continuous outflow trend. Market participants pointed out that the recent rise in US Treasury yields, a stronger US dollar, and geopolitical tensions were among the main reasons for the fund outflows.

Meanwhile, the Ethereum ETF also faced pressure, experiencing net outflows for 10 consecutive trading days, marking the longest outflow period since March 2025. The total outflow for the week was approximately $216 million.

Among them, BlackRock's iShares Bitcoin Trust (IBIT) manages approximately $61.1 billion in assets, but this is still lower than the cumulative fund inflows of about $3.7 billion, indicating that recent market price fluctuations have affected the holding value.

As of the ETF trading day close, the price of Bitcoin was around $77,500, and Ethereum was around $2,130, both maintaining a narrow trading range.

Despite significant short-term outflows, the US Bitcoin Spot ETF has accumulated net inflows of approximately $57.1 billion since its inception, with an asset size of around $98.9 billion.