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Crypto
Bitcoin ETFs post sixth straight day of net outflows, nearing 2026 shift to net outflows
Net inflows into U.S. spot bitcoin ETFs this year have fallen to $536 million, nearing a shift to cumulative net outflows in 2026. U.S. spot bitcoin ETFs recorded net outflows for six straight trading days through May 23. Net outflows on May 23 totaled $105.2 million, including $68.9 million from BlackRock’s iShares Bitcoin Trust and $36.3 million from Fidelity’s Wise Origin Bitcoin Fund.
Crypto
Harvard cuts IBIT stake by 43 percent and exits ethereum spot ETF
Harvard University\'s endowment cut its holding of BlackRock\'s spot bitcoin ETF, iShares Bitcoin Trust (IBIT), by about 43 percent in the first quarter and sold its entire position in BlackRock\'s spot ethereum ETF, ETHA, according to SEC 13F filings cited by BeInCrypto. Harvard held 3,044,612 IBIT shares valued at about $117 million as of March 31. The endowment also sold a roughly $86.8 million stake in ETHA.
Crypto
Tom Lee says bitcoin bear market is over if May closes above $76,000
Tom Lee, Bitmine chairman and a co-founder of Fundstrat, said the crypto bear market could be considered over if bitcoin ends May above $76,000. Speaking at Consensus 2026 in Miami, he cited bitcoin’s rebound and the chance of three consecutive monthly gains as a key signal. He also pointed to relative strength in major tokens, tokenisation and AI-based finance as drivers of the next upcycle.
