Bitcoin ETFs Lose $519M; Grayscale’s GSOL Attracts $6.5M
Bitcoin ETFs posted $519.2M of outflows on June 2, led by BlackRock IBIT’s $388.6M; Grayscale’s GSOL drew $6.5M in Solana inflows while ether ETFs lost $90.15M.
On June 2, investors withdrew $519.19 million from bitcoin spot ETFs, marking the twelfth consecutive day of net outflows for the category. BlackRock’s IBIT led withdrawals with $388.64 million leaving the fund. Grayscale’s GBTC saw $83.51 million in redemptions, Fidelity’s FBTC lost $45.14 million and Ark & 21Shares’ ARKB recorded $16.67 million in outflows. Morgan Stanley’s MSBT was the only notable inflow, attracting $14.77 million. Value traded across bitcoin ETFs totaled $3.93 billion and aggregate net assets for the group fell to about $85 billion. IBIT had roughly $1.6 billion withdrawn over the previous five trading days.
Ether-focused ETFs recorded $90.15 million in net redemptions, extending their streak to 16 trading days. BlackRock’s ETHA led ether outflows with $44.27 million. Grayscale’s Ether Mini Trust saw $25.41 million leave, Fidelity’s FETH lost $15.63 million, Grayscale’s ETHE posted $3.87 million in outflows and BlackRock’s ETHB had $980,260 redeemed. Trading volume across ether ETFs was $912.81 million and total net assets closed at $10.53 billion.
Smaller categories registered inflows. Solana ETFs received $6.50 million, all allocated to Grayscale’s GSOL, with total Solana ETF trading at $73.49 million and net assets at $875.78 million. HYPE-branded ETFs added $3.15 million to Bitwise’s BHYP, with $53.41 million in trading and net assets of $180.01 million. XRP ETFs reported no trading activity and net assets remained at $931.56 million.
Combined, bitcoin and ether ETFs posted $609.34 million in outflows on June 2.
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