Bitcoin ETF Outflow Totals Disputed: $4.4B vs $6.4B
CoinTurk News EN and CryptoBriefing both report Bitcoin’s fall below $60,000 amid ETF outflows and AI-driven equity rotation, but give different figures for the total ETF outflows.
CoinTurk News EN and CryptoBriefing both report Bitcoin’s fall below $60,000 amid ETF outflows and AI-driven equity rotation, but give different figures for the total ETF outflows.
What all sources agree on
- Bitcoin fell below $60,000.
- US spot Bitcoin ETFs recorded 13 consecutive days/sessions of net outflows.
- The decline coincided with a rotation of investor capital toward AI-related stocks and equities.
Where the reports disagree
1Total US spot Bitcoin ETF outflow figure
US spot Bitcoin exchange-traded funds (ETFs) recorded 13 consecutive sessions of net outflows in May, the longest stretch since the funds were introduced in January 2024. Total net outflows hit roughly $4.4 billion, with the largest single fund, BlackRock’s IBIT, accounting for $3.3 billion of the withdrawals.
US spot Bitcoin ETFs hemorrhaged $6.4 billion over a 30-day stretch, including a single-day net withdrawal of $696.3 million on the session Bitcoin breached that psychologically painful $60K floor.
What would settle it: Consolidated daily flow data from the individual ETF issuers or a single aggregator’s published dataset covering the exact same date range.
2Year-to-date ETF outflow figure cited alongside the 13-day outflow streak
The ETF outflow data tells the story in granular detail. Bitcoin ETFs posted 13 consecutive days of net outflows, pushing the year-to-date loss figure past $4.6 billion.
Total net outflows hit roughly $4.4 billion, with the largest single fund, BlackRock’s IBIT, accounting for $3.3 billion of the withdrawals.
What would settle it: A dated, cumulative ETF flow ledger from the issuers or a regulator-filed flow disclosure covering the same 13-day and 30-day windows.
What to make of it
Treat the general direction of the story—Bitcoin’s drop below $60,000 alongside sustained ETF outflows and an AI-stock rotation—as established, but do not cite a specific total outflow number ($4.4B, $6.4B, or $4.6B) as settled until the outlets’ figures are reconciled against issuer-level flow data.
Treat the general direction of the story—Bitcoin’s drop below $60,000 alongside sustained ETF outflows and an AI-stock rotation—as established, but do not cite a specific total outflow number ($4.4B, $6.4B, or $4.6B) as settled until the outlets’ figures are reconciled against issuer-level flow data.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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