Bitcoin Spot ETFs See $125 Million Net Outflow As BlackRock IBIT Drops $68.1994 Million

Bitcoin spot ETFs saw a net outflow of $125 million on May 29, Eastern Time, marking the 10th consecutive day of net outflows, according to SoSoValue data cited by PANews.

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PANews reported that BlackRock ETF IBIT recorded the largest single-day net outflow of $68.1994 million, while Fidelity ETF FBTC saw a net outflow of $31.9473 million in the same period.

bloomingbit

As of press time, PANews said the total net asset value of Bitcoin spot ETFs was $94.169 billion and the ETF net asset ratio was 6.38%, with a historical cumulative net inflow of $55.663 billion.

In the same reporting window, bloomingbit said Swan Bitcoin CEO Cory Klippsten pointed to U.S. spot Bitcoin ETFs net outflows totaling $2.9 billion since May 15 and Bitcoin falling about 9.5% over the same period.

Bloomingbit also said Klippsten described the Crypto Fear & Greed Index as standing at 23, placing it in the Extreme Fear zone.

At BitcoinVegas 2026, Swan Bitcoin CEO Cory Klippsten told Cointelegraph that retail investors remain the key force driving prices in the era of spot Bitcoin ETFs.

Klippsten said, "You know they're buying it in a wrapper. But they still have to take real supply and custody it. And it comes out of the supply."

Cointelegraph

Cointelegraph reported that U.S.-based spot Bitcoin ETFs posted a combined $2.90 billion in net outflows since May 15, while Bitcoin slid approximately 9.5% over the same period.

Cointelegraph also said that at the time of publication Bitcoin was trading at $73,630 according to CoinMarketCap and was down 2.87% over the past 30 days.

Bloomingbit added that Klippsten lowered the odds of Bitcoin reaching a new all-time high this year to 20% to 25%, citing continued trading in the $70,000 range and a prior drop from around $95,000 to around $60,000.

Crypto analyst Zach Rector, writing for Bitget, said XRP is "Ready to Bounce" based on market structure and buying pressure at current price levels.

“Cory Klippsten spoke to Cointelegraph at BitcoinVegas 2026”

Cointelegraph

Rector opened with Coinbase order book data showing bids outweighing asks by nearly 7x on large bands, and he confirmed he personally entered a long position at $1.33, stating he was "very happy to do so."

Bitget said Rector pointed to Coinglass liquidations of over $2 billion sitting between $1.34 and $1.40, describing them as short positions that would be forced closed if XRP’s price moves back into that range.

Bitget also said the $1.40 level is the key target where liquidation pressure would reach its concentration peak, and that Rector announced a live XRP order book session to monitor the setup.

In the same Bitget report, XRP was trading around the $1.33 to $1.34 level at the time of Rector’s, with traders watching whether the price can reclaim that range and trigger the cascade his data suggests is possible.