Weekly Crypto ETF Outflows: BlackRock's $1 Billion BTC Exit
Digital asset ETFs faced significant selling pressure last week as Bitcoin approached $75K amid macroeconomic uncertainty and bond market stress. Spot Bitcoin ETFs recorded net outflows of $1.26 billion from May 18 to May 22, with BlackRock's exit amounting to $1 billion.
Tickers: $BLK
Topics: Bitcoin ETFs macroeconomic uncertainty outflows