US Spot Bitcoin ETFs Draw $10 Million on June 16 as Ether, Solana and XRP Funds Also Post Inflows
U.S. spot Bitcoin exchange-traded funds recorded $10.06 million of net inflows on June 16, while spot Ether, Solana and XRP funds also attracted fresh money, according to market-flow data. Figures cited by data provider SoSoValue showed BlackRock's IBIT led the Bitcoin group with $16.35 million of net inflows, while its ETHA fund led spot Ether ETFs with $17.34 million.
The turn in daily flows follows a June 8-12 period in which U.S. spot Bitcoin ETFs posted $316 million of net outflows and spot Ether ETFs lost $14.91 million, extending both categories' weekly withdrawal streaks to five. On June 16, spot Ether ETFs added $9.59 million, spot Solana ETFs drew about $245,860 and spot XRP ETFs took in $5.30 million.
From the sources (3 posts)
@wublockchainSpot Bitcoin ETFs saw $316M in net outflows last week, marking fifth straight week of outflows From June 8 to June 12 (ET), spot Bitcoin ETFs recorded $316 million in net outflows, marking the fifth consecutive week of outflows. Spot Ether
@wublockchainAccording to SoSoValue, U.S. Eastern Time June 16 saw total net inflows of $10.0643 million into spot Bitcoin ETFs, with BlackRock’s IBIT leading with $16.3526 million in net inflows. Spot Ethereum ETFs recorded total net inflows of $9.5876
@cointelegraph🇺🇸 ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on June 16. BTC: $10.06M ETH: $9.59M SOL: $245.86K XRP: $5.30M