Bitcoin
Ethereum
Hyperliquid
Monthly Overview
In May 2026, net flows into spot crypto ETFs were negative, totaling -$2.6B. While 10 out of 13 tracked assets recorded activity, the majority of the capital outflow was concentrated in Bitcoin and Ethereum.
Weekly Breakdown
| Week | Net flow |
|---|---|
| May 1 | +$730.9M |
| May 4 – May 8 | +$770.1M |
| May 11 – May 15 | -$1.1B |
| May 18 – May 22 | -$1.4B |
| May 26 – May 31 | -$1.6B |
Biggest Fund Moves
Largest inflows
- Bitwise BHYP (HYPE): +$81.7M
- Bitwise (SOL): +$80.3M
- Morgan Stanley (BTC): +$68.9M
- 21Shares THYP (HYPE): +$56.0M
- Bitwise (XRP): +$40.5M
Largest outflows
Market Interpretation
Institutional positioning saw significant capital withdrawn from Bitcoin, with BlackRock and Grayscale leading the outflows. Ethereum also experienced notable outflows, driven primarily by BlackRock. In contrast, HYPE, SOL, and XRP attracted inflows, indicating a rotation of capital toward these assets. The best day of inflows on May 1 suggests a brief positive sentiment, while the worst day on May 27 indicates a sharp decline in interest.
Conclusion
May ended with a total net figure of -$2.6B, reflecting a challenging month for the crypto ETF market. The persistent outflows from major assets underscore ongoing market volatility.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.