Key Takeaways:
Bitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M.Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M. XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand.Blackrock’s IBIT again carried the heaviest burden, posting a $440.29 million outflow. Fidelity’s FBTC lost $37.29 million, while Ark & 21Shares’ ARKB saw $12.32 million leave the fund.
Ether ETFs also remained under pressure. The group posted $44.44 million in net outflows, marking its 15th straight day in negative territory. The withdrawals were concentrated in two funds.
Blackrock’s ETHA saw $34.97 million leave, while Fidelity’s FETH recorded a $9.47 million exit. Total ether ETF value traded stood at $700.19 million, with net assets closing at $11.14 billion.
