-277M outflow on BTC ETF... Are institutions withdrawing or reallocating?

BTC-1.95%
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CryptoSat
May 7 ETF Flows Update

$BTC : -$277.50M
$ETH : -$103.52M
$SOL : $0.00M
$XRP : +$6.67M

Bitcoin and Ethereum spot ETFs saw significant outflows today, while SOL remained flat and XRP posted modest inflows.

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