Trending Now - Bitcoin ETF Outflows Indicate Strong Buy Signal, Claims Santiment

WHO:

NewsBTC - Blockchain analytics firm Santiment

Cointelegraph - Santiment

WHAT:

NewsBTC - Six straight days of outflows from US spot Bitcoin ETFs totaling $1.26 billion.

NewsBTC - On May 22, total net outflows from Bitcoin ETFs amounted to $105 million.

NewsBTC - Spot Bitcoin ETFs recorded $903 million in outflows on November 20, 2025.

NewsBTC - On July 10, 2025, spot Bitcoin ETFs recorded $1.18 billion in inflows.

NewsBTC - On October 6, 2025, spot Bitcoin ETFs recorded $1.21 billion in inflows.

Cointelegraph - Ongoing Bitcoin ETF outflows have historically correlated with conditions favorable for patient accumulation.

WHERE:

NewsBTC - United States (referring to US spot Bitcoin ETFs).

WHEN:

NewsBTC - The outflow streak occurred from May 15 through May 22.

NewsBTC - The high for Bitcoin was $79,050 on May 16.

NewsBTC - The report was published on May 22.

WHY:

NewsBTC - Santiment suggests that sustained outflows tend to mark bottoms rather than the start of deeper slides, indicating retail investor behavior rather than institutional positioning.

NewsBTC - The current climate is described as the highest level of market fear seen in more than 3.5 months.

HOW:

NewsBTC - Santiment analyzed historical patterns of ETF inflows and outflows to draw conclusions about current market conditions.

NewsBTC - ETF analyst James Seyffart noted that total Bitcoin ETF inflows are approaching their all-time high of $60 billion.

(UPDATED May 23, 2026 15:18 UTC)

In a significant development for the cryptocurrency market, blockchain analytics firm Santiment reports that US spot Bitcoin ETFs have experienced six consecutive days of outflows, totaling $1.26 billion. On May 22, the outflows reached $105 million, with the highest recorded outflow of $903 million occurring on November 20, 2025. Santiment suggests that these sustained outflows may indicate a bottoming out in the market, as they often correlate with retail investor behavior during periods of heightened market fear.