Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum ended the final week of May under continued pressure from investor withdrawals, with combined outflows exceeding $1.6 billion as investors reduced exposure to the market's largest cryptocurrency funds.
During a difficult week for crypto ETFs, institutional investor sentiment shifted sharply: more than $1.2 billion flowed out of Bitcoin ETFs, while Ethereum-based products extended their prolonged decline. At the same time, capital continued flowing into $XRP, Solana, and Hyperliquid-related products, highlighting growing interest in alternative crypto narratives.
This week, exchange-traded funds investing in spot Bitcoin through ETFs in the United States experienced strong capital outflows. The total net outflow from these funds amounted to approximately $1.26 billion, marking the largest weekly outflow since the end of January. In addition, net outflows were recorded for the sixth consecutive trading day.
Net inflows into spot Bitcoin exchange-traded funds (ETFs) reached $532.2 million on Monday, May 4. Over the past three trading days, total inflows amounted to $1.18 billion, following inflows of $629.7 million on May 1 and $14.8 million on April 30, according to data from SoSoValue.
The Ethereum Foundation, the main organization behind the Ethereum ecosystem, announced another sale following a recent one. In its statement, the Foundation reported that the sale of 10,000 Ethereum tokens ($ETH) was completed today.
Bitcoin ETF inflows have become positive across all tracked periods, indicating a recovery in institutional demand for Bitcoin investments. Sustained inflows are significant as they can influence short-term Bitcoin price dynamics and the broader cryptocurrency market trend.
Bitcoin extended its inflow streak to five consecutive days, adding $238 million. Ethereum followed with steady gains despite mixed trading activity, while XRP and Solana also contributed to the broader positive tren
The new Bitcoin fund from Morgan Stanley has shown rapid growth, surpassing WisdomTree’s product in net capital inflows just 8 days after its market debut. According to a report by Farside Investors, investors allocated $19.3 million to the Morgan Stanley fund last Wednesday. As a result, total net inflows reached $103 million. By comparison, WisdomTree’s WBTC fund, which has been operating since January 2024, has attracted only $86 million over its entire lifetime.
The new spot exchange-traded fund Morgan Stanley Bitcoin Trust (MSBT), whose shares are tied to the price of Bitcoin, attracted about $32 million on its first trading day on the NYSE Arca exchange. Trading volume exceeded 1.6 million shares. Bloomberg ETF analyst Eric Balchunas described the MSBT debut as one of the strongest launches among cryptocurrency spot ETFs. According to him, the Morgan Stanley fund ranked in the top 1% of ETFs by first-day performance.
US investment bank Morgan Stanley has announced plans to open its equity programme administration platforms to external AI agents, CNBC reports. The decision will cover a business division through which the company has attracted $1.2 trillion in assets and will become one of the first examples of a major Wall Street bank allowing autonomous artificial intelligence systems to interact directly with its infrastructure.
Global payment giants Visa, Mastercard, and Stripe are reportedly exploring the creation of a unified stablecoin platform. The largest U.S. crypto exchange, Coinbase, is expected to play a key role in the initiative, according to sources cited by CoinDesk.
At the beginning of June, flows into cryptocurrency exchange-traded funds (ETFs) showed a defensive trend: Bitcoin-focused funds lost nearly half a billion dollars, while Ethereum-based products extended their outflow streak to 15 trading days. At the same time, $XRP and $HYPE ETFs once again attracted fresh capital, indicating that investors are still making selective bets beyond the largest crypto assets.
Grayscale may soon launch a new exchange-traded fund (ETF) in the United States linked to the Hyperliquid ($HYPE) token. This possibility emerged after recent updates to the company's registration documents, which caught the attention of Bloomberg ETF analyst James Seyffart.
On May 26, a large investor whose identity remains unknown sold $1.26 billion worth of BlackRock's Bitcoin ETF in a major over-the-counter (OTC) transaction. The entire position was sold below market price, contributing to Bitcoin's decline below the $73,000 level.
The world’s largest payment companies continue to actively enter the crypto industry. This time, Mastercard has taken an important step — the company has officially received a BitLicense in the state of New York. For the crypto market, this event is much more important than it may seem at first glance.
Chainlink announced a partnership with Mastercard. It will allow payment cardholders around the world to buy crypto assets directly on-chain by converting fiat funds into cryptocurrencies.
Українська
Русский
English