Capital rotated defensively this week as yields held elevated, pressuring crypto ETF flows while accumulation continued off-exchange.

BTC ETF Flows:

10-day outflow streak closed with $1.42B pulled over the week (May 26–29). May 27 was the worst session, $733.4M in a single day, with IBIT alone accounting for $527.8M, the fund’s second-largest daily exit on record. 

ETH ETF:

12-day outflow streak, $241.6M pulled over the week, with May 28 the heaviest day at $121.4M. 

Treasury activity:

- Strategy sold 32 BTC for $2.5M

- Bit Digital picked up 8,568 ETH ($20.0M)

- Strive added ~1,109 BTC (~$85.4M)

- Bitmine stacked 111,942 ETH (~$237M)