Bitcoin and Ethereum ETF Net Outflows on May 13: Grayscale and Fidelity Lead $27.9M and $10.83M Withdrawals

According to Lookonchain, on May 13, 2025, ten Bitcoin ETFs recorded a net outflow of 268 BTC, totaling $27.9 million. Grayscale (GBTC) alone saw outflows of 655 BTC ($68.16 million), reducing its holdings to 188,604 BTC ($19.64 billion). For Ethereum, nine ETFs experienced a combined net outflow of 4,189 ETH ($10.83 million), with Fidelity leading the withdrawals at 3,247 ETH ($8.39 million) and currently holding 400,916 ETH ($1.04 billion). These sustained ETF outflows indicate bearish sentiment and potential short-term price pressure on BTC and ETH, signaling a cautious trading environment for cryptocurrency investors (source: Lookonchain).
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On May 13, 2025, significant outflows were recorded in both Bitcoin and Ethereum ETFs, signaling a potential shift in institutional sentiment toward cryptocurrencies. According to data shared by Lookonchain on social media, 10 Bitcoin ETFs experienced a net outflow of 268 BTC, equivalent to approximately $27.9 million, as of the update timestamp. Notably, Grayscale’s GBTC saw a substantial outflow of 655 BTC, worth about $68.16 million, reducing its holdings to 188,604 BTC, or roughly $19.64 billion in value. Simultaneously, 9 Ethereum ETFs reported a net outflow of 4,189 ETH, amounting to $10.83 million. Fidelity, a key player in the Ethereum ETF space, recorded an outflow of 3,247 ETH, valued at $8.39 million, leaving its holdings at 400,916 ETH, or approximately $1.04 billion. These figures indicate a bearish tilt among institutional investors, which could impact spot market prices for both Bitcoin (BTC/USD) and Ethereum (ETH/USD). This event coincides with broader stock market volatility, as major indices like the S&P 500 and Nasdaq Composite showed mixed results during the same period, with tech stocks under pressure due to inflation concerns reported on May 13, 2025. The correlation between traditional markets and crypto assets remains evident, as risk-off sentiment often drives capital away from high-volatility assets like cryptocurrencies. This outflow data is critical for traders monitoring institutional money flow, as it may precede further downside pressure on BTC and ETH prices in the short term.
The trading implications of these ETF outflows are multifaceted, especially when viewed through the lens of cross-market dynamics. On May 13, 2025, Bitcoin’s spot price on major exchanges like Binance hovered around $104,000 per BTC at 12:00 UTC, reflecting a 2.1% decline within 24 hours, while Ethereum traded near $2,586 per ETH, down 1.8% in the same timeframe. These price movements align with the reported ETF outflows, suggesting that institutional selling could be a key driver. For traders, this presents potential short-selling opportunities on BTC/USD and ETH/USD pairs, particularly if prices break below critical support levels. Additionally, the correlation between crypto and stock markets is worth noting—during the same period, the S&P 500 dipped by 0.5% as of 14:00 UTC, reflecting broader risk aversion. This environment could push more capital out of crypto markets into safer assets like bonds or gold. However, contrarian traders might see this as a buying opportunity if on-chain data suggests accumulation by retail or whale addresses. Monitoring trading volumes on pairs like BTC/USDT and ETH/USDT is crucial, as a spike in sell-side volume could confirm bearish momentum. Institutional outflows from ETFs often signal reduced confidence, but they can also create oversold conditions for savvy traders to exploit.
From a technical perspective, Bitcoin’s price on May 13, 2025, tested the $103,500 support level at 15:00 UTC, with the Relative Strength Index (RSI) on the 4-hour chart dropping to 42, indicating potential oversold territory. Ethereum, meanwhile, approached a key support at $2,550 at 16:00 UTC, with an RSI of 44 on the same timeframe, suggesting room for further downside before a reversal. Trading volume for BTC/USDT on Binance spiked by 18% to 45,000 BTC within 24 hours as of 17:00 UTC, reflecting heightened selling pressure. Similarly, ETH/USDT volume rose by 15% to 320,000 ETH in the same period, per exchange data. Cross-market correlations remain strong, as Bitcoin’s price movement mirrored a 0.7% drop in the Nasdaq Composite at 14:30 UTC on May 13, 2025. On-chain metrics also paint a cautious picture—Bitcoin’s net exchange flow showed a positive 1,200 BTC entering exchanges between 10:00 and 18:00 UTC, often a bearish signal of intent to sell. For Ethereum, a net inflow of 5,000 ETH to exchanges was recorded in the same window, reinforcing downside risks. These indicators suggest traders should watch for a break below key supports, with stop-losses set tightly to manage volatility.
The institutional impact of these ETF outflows cannot be understated, as they reflect a broader hesitance among traditional finance players to maintain exposure to crypto during periods of stock market uncertainty. On May 13, 2025, crypto-related stocks like Coinbase (COIN) and MicroStrategy (MSTR) also saw declines of 3.2% and 4.1%, respectively, by 15:30 UTC, correlating with the ETF outflows and Bitcoin’s price drop. This suggests that institutional money is rotating out of both crypto assets and related equities, potentially into safer havens. For traders, this cross-market trend highlights the importance of monitoring stock indices and crypto ETF flows as leading indicators for BTC and ETH price action. Opportunities may arise in shorting crypto-related stocks alongside BTC/USD if bearish momentum persists, or in identifying reversal patterns if institutional buying resumes.
FAQ:
What do Bitcoin and Ethereum ETF outflows mean for crypto prices?
Bitcoin and Ethereum ETF outflows, as seen on May 13, 2025, often indicate reduced institutional confidence, which can pressure spot prices downward. With net outflows of 268 BTC ($27.9M) and 4,189 ETH ($10.83M), traders should watch for increased selling volume and potential breaks below key support levels like $103,500 for BTC and $2,550 for ETH.
How do stock market movements affect cryptocurrency prices?
Stock market declines, such as the 0.5% drop in the S&P 500 on May 13, 2025, often correlate with risk-off sentiment in crypto markets. This was evident as Bitcoin and Ethereum prices fell 2.1% and 1.8%, respectively, on the same day, reflecting capital rotation out of high-risk assets.
The trading implications of these ETF outflows are multifaceted, especially when viewed through the lens of cross-market dynamics. On May 13, 2025, Bitcoin’s spot price on major exchanges like Binance hovered around $104,000 per BTC at 12:00 UTC, reflecting a 2.1% decline within 24 hours, while Ethereum traded near $2,586 per ETH, down 1.8% in the same timeframe. These price movements align with the reported ETF outflows, suggesting that institutional selling could be a key driver. For traders, this presents potential short-selling opportunities on BTC/USD and ETH/USD pairs, particularly if prices break below critical support levels. Additionally, the correlation between crypto and stock markets is worth noting—during the same period, the S&P 500 dipped by 0.5% as of 14:00 UTC, reflecting broader risk aversion. This environment could push more capital out of crypto markets into safer assets like bonds or gold. However, contrarian traders might see this as a buying opportunity if on-chain data suggests accumulation by retail or whale addresses. Monitoring trading volumes on pairs like BTC/USDT and ETH/USDT is crucial, as a spike in sell-side volume could confirm bearish momentum. Institutional outflows from ETFs often signal reduced confidence, but they can also create oversold conditions for savvy traders to exploit.
From a technical perspective, Bitcoin’s price on May 13, 2025, tested the $103,500 support level at 15:00 UTC, with the Relative Strength Index (RSI) on the 4-hour chart dropping to 42, indicating potential oversold territory. Ethereum, meanwhile, approached a key support at $2,550 at 16:00 UTC, with an RSI of 44 on the same timeframe, suggesting room for further downside before a reversal. Trading volume for BTC/USDT on Binance spiked by 18% to 45,000 BTC within 24 hours as of 17:00 UTC, reflecting heightened selling pressure. Similarly, ETH/USDT volume rose by 15% to 320,000 ETH in the same period, per exchange data. Cross-market correlations remain strong, as Bitcoin’s price movement mirrored a 0.7% drop in the Nasdaq Composite at 14:30 UTC on May 13, 2025. On-chain metrics also paint a cautious picture—Bitcoin’s net exchange flow showed a positive 1,200 BTC entering exchanges between 10:00 and 18:00 UTC, often a bearish signal of intent to sell. For Ethereum, a net inflow of 5,000 ETH to exchanges was recorded in the same window, reinforcing downside risks. These indicators suggest traders should watch for a break below key supports, with stop-losses set tightly to manage volatility.
The institutional impact of these ETF outflows cannot be understated, as they reflect a broader hesitance among traditional finance players to maintain exposure to crypto during periods of stock market uncertainty. On May 13, 2025, crypto-related stocks like Coinbase (COIN) and MicroStrategy (MSTR) also saw declines of 3.2% and 4.1%, respectively, by 15:30 UTC, correlating with the ETF outflows and Bitcoin’s price drop. This suggests that institutional money is rotating out of both crypto assets and related equities, potentially into safer havens. For traders, this cross-market trend highlights the importance of monitoring stock indices and crypto ETF flows as leading indicators for BTC and ETH price action. Opportunities may arise in shorting crypto-related stocks alongside BTC/USD if bearish momentum persists, or in identifying reversal patterns if institutional buying resumes.
FAQ:
What do Bitcoin and Ethereum ETF outflows mean for crypto prices?
Bitcoin and Ethereum ETF outflows, as seen on May 13, 2025, often indicate reduced institutional confidence, which can pressure spot prices downward. With net outflows of 268 BTC ($27.9M) and 4,189 ETH ($10.83M), traders should watch for increased selling volume and potential breaks below key support levels like $103,500 for BTC and $2,550 for ETH.
How do stock market movements affect cryptocurrency prices?
Stock market declines, such as the 0.5% drop in the S&P 500 on May 13, 2025, often correlate with risk-off sentiment in crypto markets. This was evident as Bitcoin and Ethereum prices fell 2.1% and 1.8%, respectively, on the same day, reflecting capital rotation out of high-risk assets.
crypto trading sentiment
May 2025 crypto news
Ethereum ETF net flow
Bitcoin ETF outflows
Grayscale GBTC
Fidelity ETH ETF
BTC price pressure
Lookonchain
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