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Bitcoin Falls Below $73K as US Spot ETF Outflows Hit $733.4M

2026-05-28 16:11:06

Bitcoin fell 3.6% to $72,842 as US spot Bitcoin ETFs posted $733.4 million in net outflows on Wednesday. SoSoValue data showed the largest single-day redemptions since Jan. 29. BlackRock's IBIT recorded $527.8 million in net outflows, its second-largest daily outflow since inception. Analysts cited basis trade unwinds, institutional de-risking, and macro caution.

BTC-0.1%

IBIT-2.03%

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