Spot Bitcoin ETFs post $290 million net outflow on May 15

Data from SoSoValue show that spot Bitcoin ETFs recorded a combined net outflow of $290 million on May 15 (U.S. Eastern Time), according to ME News as of May 16 (UTC+8). BlackRock's iShares Bitcoin Trust (IBIT) led the day's redemptions, with $136 million in net outflows, bringing its cumulative historical net inflows to $65.781 billion. The ARKB ETF issued by Ark Invest and 21Shares followed, posting $52.48 million in net outflows; its cumulative historical net inflows stand at $1.389 billion. At the time of publication, spot Bitcoin ETFs held $104.289 billion in total net asset value. Their net asset ratio—market capitalization as a share of Bitcoin's total market cap—was 6.58%. Cumulative net inflows since launch reached $58.34 billion. (Source: SoSoValue)