Investors Pull $316M From Spot Bitcoin ETFs, Extending Five-Week Outflow Streak

Crypto investment funds saw mixed capital movements from June 8 to June 12, with Bitcoin- and Ethereum-linked ETFs continuing to lose investor funds. Spot Bitcoin ETFs registered net withdrawals of $316 million, marking the fifth consecutive week of outflows.

Spot Ethereum ETFs also remained under pressure, posting $14.91 million in net outflows and extending their withdrawal streak to five consecutive weeks.

Meanwhile, activity among other crypto ETFs was more balanced. Spot SOL ETFs saw net outflows of $2.58 million, whereas funds tied to XRP and HYPE recorded new inflows. XRP spot ETFs attracted $10.68 million in fresh capital, while HYPE spot ETFs added $5.87 million during the same period.

Source: SoSoValue