[2026-05-19] The latest IT, economic, blockchain and coin news
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2026-05-19 | Curator: CryptoTerminal
Bitcoin ETFs Shed $649M in a Day as Long-Term BTC Holders ‘Limit Downside Potential’
Spot Bitcoin ETFs are taking a beating, shedding another $648.64 million on Monday following last week’s $1 billion outflows, according to SoSoValue. BlackRock’s IBIT led Monday’s outflows with $448 million. It was followed by ARK Invest and 21Shares’ $110 million and Fidelity’s $63 million outflows.
Bitcoin dropped 6.7% from $81,700 last Thursday to a weekly low of $76,201, according to CoinGecko data. It is down 0.7% over the past 24 hours and is currently trading at around $76,680.
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