Bitcoin ETFs Suffer Biggest Outflows Since January as May Turns Red

📉 Bitcoin ETFs faced their worst weekly outflows since January, with over $1.26 billion withdrawn in May, marking a significant shift from previous inflow trends.

💔 The cryptocurrency's price also declined, dropping to a monthly low of $74,200 after failing to maintain the $80,000 level, reflecting broader market uncertainties.

💰 BlackRock's IBIT experienced the largest outflows, contributing significantly to the overall decline in Bitcoin ETF inflows for the month.