Santiment: $1.26B US Spot Bitcoin ETF Outflows May Signal Accumulation
US spot Bitcoin ETFs saw six consecutive trading days of net outflows totaling $1.26 billion from May 15 through May 22. Santiment argues the pattern has historically acted as a contrarian signal, with heavy outflows often aligning with potential buying opportunities. Bitcoin was around $75,400 when Santiment published its report on May 22.