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)

BlockBeats reports that data tracked by Farside show U.S. spot Bitcoin ETFs posted net outflows of $290.4 million on May 15. By fund, IBIT recorded $136.2 million in outflows, ARKB $52.5 million, GBTC $43.6 million, FBTC $39.6 million, BITB $11.6 million, and EZBC $6.9 million.

Bitcoin spot ETFs saw a combined net outflow of $290 million on May 15 (U.S. Eastern Time), according to SoSoValue data cited by ChainCatcher. BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest single-day net redemption at $136 million, bringing its cumulative net inflows to $65.781 billion. Ark Invest and 21Shares' ARKB followed with a $524.817 million single-day net outflow; its cumulative net inflows stand at $13.89 billion. As of publication, total net asset value across Bitcoin spot ETFs was $104.289 billion. The sector's net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—stood at 6.58%, while cumulative net inflows since launch reached $58.34 billion.

Odaily Planet Daily reported that Nasdaq-listed Bitcoin miner Bitdeer posted an update on X showing it mined 198.3 BTC in the week ended May 15 and sold an equal amount. The company reported no net change in holdings, keeping its Bitcoin position at zero.

SoSoValue data show U.S. spot Bitcoin ETFs logged a combined net outflow of $290 million on May 15 (ET). None of the 12 funds recorded net inflows. U.S. spot Ethereum ETFs also remained under pressure, posting total net outflows of $65.65 million for a fifth straight session.

Bitcoin spot ETFs saw net outflows of $290.45 million on May 15, based on figures compiled by Trader T (@thepfund). BlackRock's IBIT led the declines with $136.28 million leaving the fund, followed by Ark's ARKB at $52.48 million, Grayscale's GBTC at $43.64 million, and Fidelity's FBTC at $39.59 million. Morgan Stanley, Invesco, VanEck, WisdomTree and other issuers reported zero net flows on the day.

CoinDesk reported that stronger-than-expected U.S. inflation data weighed on risk assets, pulling cryptocurrencies back and wiping out earlier gains. Bitcoin fell below $80,000, while Ethereum, XRP, Solana and Dogecoin also moved lower, reviving concerns that the Federal Reserve may keep interest rates high for longer. Inflation print dents risk appetite The latest U.S. inflation readings came in hotter than markets anticipated, prompting traders to rethink the pace of potential rate cuts. Core PPI rose 5.2% year over year, above the 4.3% consensus, and the monthly figure also exceeded forecasts. The data reinforced expectations of a more hawkish Fed stance, pressuring speculative assets. TradingView data showed Bitcoin at about $79,094 at the time of publication. Ethereum fell to around $2,221, XRP traded near $1.43, Solana at $89.13 and Dogecoin at $0.1133. Cardano and BNB were also lower. Spot Bitcoin ETFs see persistent outflows Onchain analytics firm Glassnode said the seven-day average net outflow from U.S. spot Bitcoin ETFs has fallen to $88 million per day, marking the largest sustained outflow since mid-February. Glassnode argued the current withdrawals differ from February's, when redemptions coincided with weakening prices; this wave looks more like profit-taking during a rebound. The firm said some institutional investors appear to have used the recent rally to trim exposure rather than selling in a panic. The shift has weighed on sentiment and added selling pressure for Bitcoin around the $80,000 level. Key figures Seven-day average net outflow for U.S. spot Bitcoin ETFs: $88 million per day Bitcoin price: about $79,094 Ethereum price: about $2,221 PCE and geopolitical risks add to the headwinds Beyond PPI, the report noted the PCE inflation gauge watched more closely by the Fed rose to its highest level since August 2023, while core PCE hit its highest since November 2023. As inflation proves stickier, expectations have increased that rates may stay elevated for an extended period. Geopolitical tensions involving the United States and Iran were also cited as an additional risk factor. Taken together—hotter macro data, ETF outflows and geopolitical uncertainty—the pressures have weighed on crypto in the near term, reversing part of the earlier advance tied to U.S. Senate progress on the CLARITY Act.

Strive said it will convert its SATA preferred stock into a Bitcoin treasury product that pays cash dividends every business day, starting June 16, 2026. The company said the security will maintain a 13.00% annualized dividend rate for monthly periods beginning on or after May 16. Strive described SATA as the first listed U.S. security to commit to cash payouts every business day, calling the structure a "zero-to-one innovation." CEO Matthew Cole pointed to Strive's balance sheet as support for the shift, saying the firm is debt-free, has no margin requirements, and holds "zero encumbered Bitcoin." CIO Ben Werkman said the daily cadence—"each and every Business Day" beginning June 16—is designed to better match modern market rhythms and reduce the wait between payments. On its Bitcoin treasury, Strive reported holdings of 15,009 BTC after purchasing 6,001 BTC in Q1 and another 1,381 BTC from April 1 through May 12. As of May 12, it also held $87.6 million in cash and cash equivalents and a $50.5 million fair-value position in Strategy's STRC. Strive said it is debt-free after repurchasing its remaining notes payable. For Q1, the company reported a GAAP net loss of $265.9 million, driven largely by a $295.8 million fair-value decline in its Bitcoin holdings. Strive framed the daily distribution schedule as a core product feature. At a 13.00% stated rate, monthly compounding implies a 13.8032% APY; spreading payments across roughly 250 business days lifts the effective annual yield to about 13.8790% APY, an increase of about 7.57 basis points. Using a $100 par example, the prior monthly payout would be about $1.08333 per share; in a 22-business-day month, that equates to roughly $0.04924 per share paid each business day. Strive also argued that more frequent cash flows create more reinvestment touchpoints and may smooth trading around payouts by dispersing dividend-related activity across sessions rather than concentrating it around monthly ex-dividend dates. Under the new structure, SATA would generate roughly 250 cash-flow events per year versus 12. The move positions SATA against Strategy's STRC (Stretch), a widely traded perpetual preferred that currently pays an 11.50% annual cash dividend monthly. Strategy's STRC is substantially larger, with $8.54 billion in notional outstanding. Strategy recently highlighted elevated activity in STRC: Michael Saylor said the security hit "all-time high volume" with $1.53B of liquidity, "two cents of volatility," and a close at par. STRC.live reported 15.3 million shares traded, the biggest day on record and above a prior peak set on April 14. Strategy has also floated increasing payout frequency, proposing semi-monthly dividends to reduce reinvestment lag and support liquidity, though that would still be less frequent than Strive's business-day schedule. An additional wrinkle: Strive itself holds STRC, with a $50.5 million fair-value position as of May 12, which the company previously characterized as roughly $50 million and a sizable allocation within its corporate treasury. For investors, the trade-off is scale and liquidity in STRC versus a higher stated rate paired with a daily-pay design in SATA. Strive is betting that payment frequency and immediacy will be a meaningful differentiator. At the time of publication, Bitcoin traded at $80,643.

MicroStrategy, the largest corporate holder of Bitcoin and led by founder Michael Saylor, has restarted its weekly BTC purchases after a brief pause ahead of its May 5 earnings call. Treasury snapshot The company holds about 818,869 BTC, worth roughly $66.5 billion, at an average cost basis of $75,540 per coin. Since early April, MicroStrategy has added more than 56,770 BTC, including a single-day purchase of 34,164 BTC on April 20, its biggest buy so far this year. Purchases were temporarily halted around the earnings release before the firm returned to its regular accumulation cadence. Saylor's long-term outlook Saylor reiterated his view that Bitcoin could climb about 30% per year over the next 20 years. He has also previously said BTC could reach $1 million within four to eight years. Using a constant 30% annual growth assumption and ignoring volatility, the article presents illustrative valuations for MicroStrategy's Bitcoin holdings: - 2027: about $86.45 billion - 2030: about $189.82 billion - 2035: about $705.20 billion - 2046 (20 years): about $16.43 trillion These figures are meant to highlight compounding effects and assume steady annual appreciation. They do not factor in market cycles, dilution, corporate actions, taxes, or other real-world constraints. How purchases are financed MicroStrategy has continued to fund BTC acquisitions through its STRC preferred stock offering program. The company said that as of May 14 it bought an additional 10,339 BTC for an estimated $847 million. In a related disclosure, it reported another purchase of 14,155 BTC funded by roughly $1.16 billion in STRC sales. Analysts noted that some recent single transactions exceeded daily mined BTC supply by a wide margin, underscoring the scale of institutional buying. Market relevance and risks MicroStrategy's continued accumulation and Saylor's public bullish stance keep the firm central to discussions around corporate Bitcoin treasury strategies and institutional demand. Repeated large purchases by one public company can influence liquidity and market sentiment, while the company's long-duration buy-and-hold posture reflects Bitcoin's appeal to some corporate treasurers as an alternative store of value. The growth scenarios are illustrative, not forecasts, and assume uninterrupted 30% annual gains. Bitcoin has a history of sharp volatility, and future performance is uncertain. This content is informational and not investment advice.