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Bitcoin spot ETFs recorded $233.25 million in net outflows, led by Fidelity’s FBTC; cumulative inflows reached $59 billion
Solana tokenized assets reached $2.28 billion TVL, while euro-backed stablecoin monthly volume surged 12x to $777 million
Jane Street sharply reduced Bitcoin ETF holdings and increased Ethereum exposure.
The cryptocurrency market experienced major developments, as Bitcoin ETFs witnessed a $233 million outflow, the US Senate received over 100 proposed changes to the CLARITY Act, and Jane Street cut its Bitcoin ETF investments. Euro stablecoins, together with Solana-based tokenized assets, maintained rapid growth in both market adoption and trading volume.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of $233.25 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of $6.02 million.
The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of $86.13 million.
The total net asset value of Bitcoin Spot ETFs is $107.31 billion, with an ETF net asset ratio of 6.64%. The historical cumulative net inflow has reached $59.13 billion.
On Thursday, the CLARITY Act faced a crowded Senate Banking Committee markup after members filed over 100 amendments to the crypto market structure bill.
The fresh amendments add pressure to a bill already caught between crypto firms, banking groups, and lawmakers seeking tighter limits on digital assets.
According to crypto journalist Eleanor Terrett, the latest submissions include more than 40 amendments from Senator Elizabeth Warren and a separate proposal from Senator Jack Reed targeting crypto use as legal tender.
Warren’s proposals cover several areas of the digital asset sector, including the relationship between crypto companies and the Federal Reserve system.
Euro-denominated stablecoins recorded a 12x surge in monthly volume between January 2025 and March 2026, rising from $69 million to $777 million, according to the Q1 2026 Global Crypto Adoption Index published by TRM Labs.
The dollar still dominates on-chain settlement, but Europe's share is no longer negligible.
The numbers arrive at a precise moment when MiCA is clarifying who can issue, distribute, and use electronic money tokens across the EU, and a bank-backed euro stablecoin consortium called Qivalis is targeting a launch in the second half of 2026.
Also Read: Bitcoin Price Analysis: Can BTC Break Above $85K in May 2026?
The Solana tokenized assets sector has recorded a new historical milestone by reaching a total value locked of approximately $2.28 billion.
According to data from the RWA.xyz platform, this growth reflects sustained adoption of on-chain financial infrastructure during the second quarter of 2026.
The latest update revealed that the value of assets distributed on Solana witnessed a 3.9% increase in the last 30 days.
According to the RWA.xyz report, the volume of transfers linked to these instruments reached $3.12 billion in the same period. Records indicate that the number of RWA holders on the network rose to 213,165, an increase of 12.61% compared to the previous month.
Jane Street cut Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesday.
IBIT holdings fell about 71% from Q4 2025 to roughly 5.9 million shares worth around $225 million, while FBTC dropped about 60% to around 2 million shares worth nearly $115 million.
Meanwhile, Jane Street increased its exposure to Ethereum ETFs, nearly doubling its position in BlackRock’s iShares Ethereum Trust (ETHA) and raising its stake in Fidelity Ethereum Fund (FETH), adding around $82 million combined across the two products over the quarter.
The filing points to a reshuffling of Jane Street’s reportable crypto-linked holdings at quarter-end, though 13F disclosures do not show its full trading book.
Also Read: Solana Price Prediction: Can SOL Hold the $91 Support Level?
The first US spot ETF tracking Hyperliquid’s HYPE token debuted on Nasdaq on May 12, 2026. The fund (THYP) comes from 21Shares and recorded $1.8 million in trading volume and around $1.2 million in net inflows by the end of the first day.
According to the issuer, the ETF carries a 0.30% management fee, which it calls the lowest fee for a Hyperliquid ETF as of May 12.
Bloomberg analyst James Seyffart tracked the launch throughout the trading session. About two and a half hours after markets opened, he said that THYP had already reached roughly $750,000 in trading volume. NovaDius Wealth president Nate Geraci also noted that there was a leveraged 2x version of it.
1. Why did Bitcoin ETFs record over $233 million in outflows?
The outflows likely reflect short-term institutional profit booking and portfolio rebalancing amid ongoing market volatility. Fidelity’s FBTC alone saw over $86 million in net outflows, while overall Bitcoin ETF assets remain above $107 billion.
2. What impact could the CLARITY Act have on the crypto market?
The CLARITY Act could become one of the most important crypto regulatory frameworks in the US by clarifying SEC and CFTC oversight responsibilities. However, more than 100 amendments now indicate growing political debate around stablecoins and crypto market rules.
3. Why is the growth in euro stablecoins important?
Euro-backed stablecoins witnessed a 12x jump in monthly volume, rising from $69 million to $777 million, showing Europe’s growing role in digital asset settlements. The MiCA framework is also helping improve regulatory clarity for stablecoin issuers in the EU.
4. What does Solana’s $2.28 billion tokenized asset TVL indicate?
The milestone reflects increasing adoption of tokenized real-world assets (RWAs) on Solana’s blockchain infrastructure. Higher transfer volumes and a 12.61% rise in holders suggest growing institutional and retail participation in on-chain financial products.
5. Why did Jane Street reduce Bitcoin ETF exposure while increasing Ethereum holdings?
According to its latest 13F filing, Jane Street reduced exposure to Bitcoin ETFs like IBIT and FBTC while increasing allocations to Ethereum ETFs. This may indicate a strategic shift toward Ethereum-linked products, though the filings do not fully represent the firm’s total crypto trading activity.
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