Crypto ETF flows turned broadly negative on Tuesday, June 30, with bitcoin, ether, XRP, solana and HYPE ETFs all ending the session in the red. Bitcoin ETFs led the decline with $222.64 million in outflows, while ether funds posted another $27.60 million exit.
Key Takeaways:
Bitcoin ETFs lost $222.64M as Blackrock’s IBIT led a 9th straight outflow day.Ether, XRP, Solana and HYPE ETFs also fell, signaling broader market caution.Blackrock’s ETHA lost $27.60M as investors await stronger crypto ETF demand.The pressure was concentrated in Blackrock’s IBIT, which lost $212.45 million. Fidelity’s FBTC accounted for the rest of the day’s redemptions, with a $10.20 million exit.
Ether ETFs followed the same pattern. The category posted $27.60 million in net outflows, entirely through Blackrock’s ETHA. No ether ETF recorded an inflow during the session. Total ether ETF value traded stood at $379.51 million, with net assets closing at $8.33 billion.
Altcoin ETFs Join the SelloffHYPE ETFs saw a rare outflow of $3.01 million, entirely from 21Shares’ THYP. Total value traded was $10.98 million, while net assets closed at $325.29 million. The exit was modest in size but notable given HYPE’s recent role as one of the stronger pockets of ETF demand.
