US Spot Bitcoin ETF Sees $86M Outflows Amidst Shifting Investor Behavior

The US spot Bitcoin ETF market recently experienced a notable shift with outflows exceeding inflows on May 6th. Following three consecutive days of net inflows, investor activity changed direction, resulting in a combined outflow of $86.21 million according to trader X’s analysis. This unexpected change highlights the dynamic nature of this growing sector and reveals insights into recent market trends.