[Net Outflow of $2.4 Billion from U.S. Spot Bitcoin ETFs in May] According to The Block, U.S. spot Bitcoin ETFs recorded a monthly net outflow of $2.4 billion in May, marking 11 consecutive trading days of capital outflows. On Monday, Bitcoin ETFs saw a net outflow of $484 million, with BlackRock's IBIT accounting for $440 million of the outflow, while Morgan Stanley's MSBT achieved a net inflow of $6.14 million on the same day. Over the past 11 trading days, cumulative net outflows reached $3.45 billion, with May's monthly net outflow of $2.43 billion being the largest single-month outflow since November 2025. Bitrue researcher Andri Fauzan Adziima stated that the ETF outflows in May were driven by rising inflation, higher Treasury yields, and cooling expectations of interest rate cuts. Institutions are reallocating funds from crypto ETFs to AI-related stocks. The current negative trend reflects cautious risk-averse operations rather than a rejection of Bitcoin.