U.S. spot bitcoin ETFs have accumulated a net 4,500 BTC since the start of 2026, with May reversing the buying pattern that built through March and April, per Swissblock data.

Bitcoin exchange inflows and ETF outflows created 34,000 BTC in local selling pressure, but data suggest a rally toward $80,000 remains on the table.

U.S. spot bitcoin ETFs have accumulated a net 4,500 BTC since the start of 2026, with May reversing the buying pattern that built through March and April, per Swissblock data.

Spot Bitcoin ETFs recorded another $223 million in net outflows on Thursday, marking the record nine-day outflow streak since the funds launched in 2024.

Signs of institutional selling have also emerged beneath the surface...