Key Takeaways:
Bitcoin ETFs lost $396.6M on June 3, with Blackrock IBIT shedding $342.3M.Ether, solana, and XRP ETFs saw outflows; ETHA drove a 17-day ether losing streak.HYPE ETFs gained $2.99M via 21Shares THYP, standing alone against broader weakness.Ether ETFs also remained under pressure. The group posted $52.94 million in net outflows, extending its losing streak to 17 straight trading days. Blackrock’s ETHA accounted for nearly all of the day’s redemptions, with $51.58 million leaving the fund. Fidelity’s FETH added a smaller $1.35 million exit. Total ether ETF value traded reached $636.12 million, while net assets slipped below the $10 billion mark to close at $9.96 billion.
Only HYPE ETFs resisted the broader pullback. The category added $2.99 million, entirely through 21Shares’ THYP. Total value traded was $33.78 million, while net assets rose to $192.01 million.
