US Bitcoin ETF Outflows Reach $469 Million as XRP ETFs See Inflows
US spot Bitcoin ETFs recorded $469 million in net outflows on June 24, extending a continuous withdrawal streak to its sixth straight week. Ether spot ETFs saw $30.2 million in net outflows, while exchange-traded products tracking XRP recorded $2.05 million in inflows, bucking the trend for the broader crypto ETF market.
At the fund level, SoSoValue data showed that Grayscale’s Bitcoin Mini Trust attracted the largest single-day inflow at $23.6 million, while Fidelity’s FETH product saw the largest ETH outflow at $15.7 million. The daily data caps a challenging month for Bitcoin ETFs, with Galaxy Research flagging a record $6.35 billion in total outflows over a 30-day period as of mid-June. Despite the prolonged selling pressure, market analysts note the outflow wave is gradually exhausting itself as institutional positioning stabilizes ahead of potential Federal Reserve rate decisions.
From the sources (11 posts)
@bitcoinnews🟠 #Bitcoin spot ETFs posted $226.8M in outflows for a 6th straight week, led by Grayscale GBTC's $156.3M loss. 📉 HYPE ETFs led altcoin inflows with $27.9M, while XRP added $10.7M and Solana $7.1M, as Galaxy Research flagged a record $6.35B
@theblockcoSpot bitcoin ETFs log sixth consecutive week of net outflows; analyst says selling wave is exhausting itself
@theblockcoTHE BLOCK: US spot bitcoin ETFs recorded $68.2M in net outflows on Monday, marking 3rd consecutive outflow day. Spot ether ETFs also saw $66M in outflows yesterday.
@wublockchainAccording to SoSoValue data, on June 22 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 68.1757 million, while Ark Invest and 21Shares’ ARKB saw the largest single-day net inflow at USD 63.9991 million. Ethereum spot E
@cointelegraph🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on June 22, while BTC and ETH spot ETFs saw net outflows. BTC: -$68.18M ETH: -$66.04M XRP: $5.31M
@wublockchainAccording to SoSoValue, spot Bitcoin ETFs recorded total net outflows of $114 million on June 23 (ET), extending their net outflow streak to four consecutive days. Spot Ethereum ETFs recorded total net outflows of $82.351 million yesterday,
@cointelegraph🇺🇸 ETF FLOWS: HYPE spot ETFs saw net inflows on June 23, while BTC and ETH spot ETFs saw net outflows. BTC: -$113.8M ETH: -$82.4M HYPE: $1.5M
@theblockcoTHE BLOCK: U.S. spot bitcoin ETFs shed $113.8 million Tuesday, ether ETFs lost $82.4 million. The fourth straight session of outflows for both.
@wublockchainAccording to SoSoValue data, on June 24 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 469 million, while Grayscale Bitcoin Mini Trust ETF BTC saw the largest single-day net inflow at USD 23.5642 million. Ethereum spo
@cointelegraph🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on June 24, while BTC and ETH spot ETFs saw net outflows. BTC: -$469.08M ETH: -$30.24M XRP: $2.05M
@cryptopulseazUPDATE: 🇺🇸 US spot crypto ETF flows (June 24) 📉Bitcoin: -$469M 📉Ethereum: -$30M 📈XRP: +$2M