[U.S. Spot Bitcoin ETFs See Net Outflows of $2.406 Billion in May, IBIT Alone Exceeds $1.4 Billion in Monthly Outflows] BlockBeats News, June 1 — According to data from Farside Investors, U.S. spot Bitcoin ETFs recorded a total net outflow of $2.406 billion in May. Among them, BlackRock's IBIT saw a net outflow of $1.411 billion, ranking first in outflow scale; Grayscale's GBTC recorded a net outflow of $330 million, ARKB saw $314 million in outflows, and FBTC recorded $274 million in outflows. Additionally, BITB, EZBC, and BTCO experienced net outflows of $85.6 million, $34.7 million, and $12.2 million, respectively. BRRR, HODL, and BTC products also recorded minor net outflows. MSBT was the only product to achieve a net inflow for the month, with $68.9 million in inflows. Overall, U.S. spot Bitcoin ETFs turned negative in terms of fund flows in May, with market sentiment remaining under pressure. [Original Link]