Bitcoin ETFs bleed $630M 🩸

U.S. spot Bitcoin ETFs shed $630.4 million Wednesday, their worst single-day outflow since January, amid inflation shocks that saw institutional investors retreat from risk assets.

Author

Stephen Graves
May 14, 2026

📝 What you need to know

U.S. spot Bitcoin ETFs saw outflows of over $630 million Wednesday, a three-month high. Analysts told Decrypt that the move reflected institutional repositioning following this week’s inflation data, which “significantly shifted market expectations around Federal Reserve policy,” triggering broad risk aversion.

Thursday morning saw Bitcoin dip below $80,000, a move that proved to be short-lived in line with analysts’ expectations. They pointed to a “classic liquidity sweep” of recent lows, with large wallets aggressively accumulating.

Meanwhile, eyes are on Strategy’s STRC preferred shares, which have fueled mid-month rallies for three consecutive months. With another STRC ex-dividend date due Friday, some observers are cautioning that the May cycle looks different, noting that, “The mechanism is still there, but it lacks the scale and urgency we saw in March and April.”

Bitcoin ETFs Shed $630M in Largest Daily Exit Since January

Inflation fears and Fed uncertainty trigger the biggest U.S. Bitcoin ETF outflows since January, snapping weeks of institutional inflows.

From our partner

Don’t miss out! Download the Figure Markets app and earn $50 when you deposit $500! Explore their RWA pools on Democratized Prime to earn up to 9% Yield, or take out a Crypto Backed Loan to double down on BTC, ETH, SOL at 8.91% interest rates.

📰 In the News

Myriad Adopts Chainlink as Official Oracle Platform to Power New Crypto Prediction Markets

Chainlink Runtime Environment enables Myriad to deploy a new range of prediction markets with immediate settlement.

Bitcoin’s Dip Below $80K Could Be ‘Short-Lived’ as STRC Cycle Looms

Strategy's STRC stock has fueled mid-month Bitcoin rallies since March, but May demand is plateauing as ETFs posted $630 million outflows.

Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure

BoE officials are reportedly reviewing caps and reserve rules as the UK tries to keep stablecoin issuers onshore.

📊 Myriad Insight of the Day

Keir Starmer out before July?
YES 43%57% NO
  
Why it matters
UK Health Secretary Wes Streeting quit Thursday saying he had "lost confidence" in Prime Minister Keir Starmer, per CNN, but stopped short of formally triggering the leadership contest that needs 81 Labour MP pledges. Around 90 MPs have demanded the PM go, yet Survation polling shows Streeting trailing Starmer 23% to 53% among Labour members, and rival contender Andy Burnham still lacks a Commons seat. With Starmer digging in, YES has slid from 68% to 43% since Monday.
Trade

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

Bitcoin Owner Claims Claude AI Cracked Lost Wallet Password, Netting $400K in BTC

A viral thread on X drew millions of views as a user claimed Claude AI helped recover a lost Bitcoin wallet.

Tezos Tests Post-Quantum Privacy as Founder Slams 'Half-Baked' Bitcoin Quantum Theories

Arthur Breitman's comments come as Tezos tests a post-quantum privacy system designed to protect encrypted blockchain data from future attacks.

Reform UK's Nigel Farage Faces Standards Probe Over Tether Billionaire's $6.7 Million Gift

The Parliamentary Standards Commissioner is examining Farage’s undisclosed £5 million gift from Tether investor Christopher Harborne.

📚 Watch, Listen & Learn

📹️ WATCH: What’s at Stake With Trump in Beijing, Crypto is RED After Hot CPI, Myriad Adopts Chainlink

🎧 LISTEN: The Decrypt News roundup with TylerD - May 14th

Trump is in Beijing for what may be the most market-moving summit of the year. Charles Schwab just gave 35 million clients direct Bitcoin access. And Claude just helped recover a lost Bitcoin wallet worth $400,000.

🎓️ LEARN: What Is Strategy (MSTR)? The Bitcoin Treasury Company - Decrypt

Software firm Strategy (formerly MicroStrategy) and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s what you need to know.

Interested in partnering with Decrypt? Find out more here.