A rough month for the bitcoin investment vehicles

The bitcoin investment vehicles saw their first month of net outflows surpassing net inflows in May, as the aggregated sum of BTC under management is down by 18,000 BTC in the last month.
Source: NYDIG, Purpose, CoinShares, Grayscale, 3iQ, Wisdomtree, Ninepoint, 21Shares, Evolve, Galaxy Digital, Skew.com, Tradingview

As of June 3rd, bitcoin investment vehicles manage an estimated 783,903 BTC under management. Grayscale is still by far the largest entity in the bitcoin funds market, holding approximately 652,000 BTC.

On April 30th, the bitcoin investment vehicles managed an estimated 801,444 BTC, meaning that throughout May, the bitcoin investment vehicles experienced a net outflow of funds of 18,000 BTC.

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