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Bitcoin spot ETFs saw $733.43 million in net outflows, with BlackRock’s IBIT alone reporting $527.84 million in withdrawals
HYPE fell 8.5% from its $64.72 all-time high, but continued ETF inflows since May 12 suggest institutional demand remains active
Stellar rose more than 14% in 24 hours, reclaiming a key channel midline and trading near $0.169 with a market cap above $5.6 billion
Crypto markets saw major developments as Bitcoin spot ETFs posted $733.43 million in net outflows, while HYPE corrected 8.5% off its all-time high, and XLM jumped around 14%. Crypto liquidations reached near $1 billion.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of $733.43 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of $4.29 million.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $527.84 million.
The total net asset value of Bitcoin Spot ETFs is $96.45 billion, with an ETF net asset ratio of 6.4%. The historical cumulative net inflow has reached $56.02 billion.
Three Samsung affiliates are buying a 4% stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, for a total of 612.8 billion won ($408 million).
Investment bank Samsung Securities is set to take a 2% stake in Dunamu in a 306 billion-won cash transaction, from affiliates of technology conglomerate Kakao, according to a Thursday filing.
It is joined by credit card provider Samsung Card and IT arm Samsung SDS, each taking a 1% stake, according to the Korea Herald.
Samsung Securities shares fell 2.7%, Samsung SDS dropped 5% and Samsung Card gained 0.21% on Thursday. Kakao slipped 1%.
HYPE declined 8.5% from ATH of $64.72, currently around $56.49. RSI dropped from 78 at peak to 62, still above 50, trend remains bullish.
Something that makes HYPE’s correction stand out from the broader market selloff is what’s happening in its ETF flows.
While Bitcoin and Ethereum spot ETFs have been recording consecutive days of outflows, HYPE spot ETFs have seen inflows every single day since May 12 according to SoSoValue data.
On May 20, HYPE saw $3.40 million in inflows even as the price was pulling back. This consistent institutional demand alongside a price correction is a different signal than what most of the market is producing right now.
Also Read: Bitcoin Drops After $126,000 High: Can BTC Reach New All-Time Highs Again?
According to CoinGlass, long crypto positions worth $873 million got liquidated in the last 24 hours. Short positions worth around $63 million also got liquidated during the same period.
Bitcoin ($366 million) and Ethereum ($242 million) are the top two liquidated cryptocurrencies. Overall, crypto positions worth $936 million got liquidated within the last 24 hours.
The liquidations came as the United States attacked a military facility in Iran and downed four attack drones on May 27, US officials said.
Earlier, President Donald Trump accused Iran of stalling the peace agreement until after the November 2026 midterms to negotiate better terms.
CME Group, the world's leading derivatives marketplace, launched Avalanche (AVAX) and Sui (SUI) futures on 4 May 2026.
The contracts were certified under Commodity Futures Trading Commission (CFTC) Regulation 40.2(a) as CME Submission No. 26-118 and listed on CME Globex.
Both Layer-1 tokens now sit alongside Bitcoin, Ethereum and Solana in CME's regulated crypto derivatives suite.
AVAX futures are sized at 5,000 AVAX standard and 500 AVAX micro. SUI futures run at 50,000 SUI standard and 5,000 SUI micro. All four contracts settle in cash against CME CF Reference Rates.
Stellar (XLM) surged more than 14% in the past 24 hours. The move reclaimed the midline of its long-term parallel channel. Price also broke above a key descending trendline.
The Layer 1 network is now trading near $0.169 with a market capitalization above $5.6 billion. Multiple charts point to follow-through. Traders are already calling for a path to $0.60 on the weekly timeframe.
The Relative Strength Index (RSI) reads close to 75. That sits in overbought territory and suggests the rally may be short-term extended.
The Moving Average Convergence Divergence (MACD) histogram prints rising green bars. That signals expanding bullish momentum.
Also Read: Ethereum Nears Major Breakout Zones at $2,500 and $3,000 After Support Retest
1. How much outflow did Bitcoin spot ETFs record?
Bitcoin spot ETFs recorded total net outflows of $733.43 million, according to SoSoValue. BlackRock’s IBIT saw the largest outflow at $527.84 million.
2. Why is HYPE in focus today?
HYPE fell 8.5% from its all-time high of $64.72 and traded near $56.49. However, HYPE spot ETFs have continued to see daily inflows since May 12.
3. What is Samsung’s Dunamu deal?
Three Samsung affiliates are buying a 4% stake in Dunamu, Upbit’s operator, for 612.8 billion won, or around $408 million. Samsung Securities will buy 2%, while Samsung Card and Samsung SDS will buy 1% each.
4. How much crypto was liquidated in 24 hours?
Crypto liquidations reached around $936 million in 24 hours, according to CoinGlass. Long positions accounted for $873 million, while short liquidations stood near $63 million.
5. Why did XLM jump 14%?
XLM rallied after breaking above a key descending trendline and reclaiming the midline of its long-term parallel channel. However, RSI near 75 suggests the rally may be short-term overextended.
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