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📊 ETF Flow Update (13 May)
Spot Bitcoin ETFs recorded a heavy net outflow of $635M, led by BlackRock’s IBIT with $285M withdrawn.
Ethereum ETFs also saw $36.3M in outflows, with BlackRock’s ETHA accounting for $21.1M.
Institutional sentiment appears risk-off in the short term. Markets now watch closely for the next wave of buying reactions.