IBIT Leads $61.6M of $77.4M Bitcoin ETF Outflows
On June 9, bitcoin ETFs had $77.44 million of outflows led by BlackRock’s IBIT ($61.64M); XRP ETFs gained $7.44M and Solana ETFs added $794,270.
Bitcoin exchange-traded funds recorded $77.44 million in net outflows on June 9, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $61.64 million of withdrawals. Fidelity’s FBTC saw $20.19 million leave the fund. Grayscale’s Bitcoin Mini Trust posted a $4.39 million inflow. Total traded value in the bitcoin ETF group was $2.60 billion and aggregate net assets in the category fell to $77.58 billion. Over the three trading days through June 9, bitcoin ETFs recorded nearly $500 million in net outflows.
Ether-focused ETFs returned to net redemptions of $40.85 million on June 9 after a $82.37 million inflow on June 8. Grayscale’s ETHE led ether outflows with $17.42 million, followed by Grayscale’s Ether Mini Trust at $14.96 million and BlackRock’s ETHA at $8.47 million. Trading volume for ether ETFs totaled $633.56 million and the group’s net assets were $9.13 billion.
XRP ETFs had net inflows of $7.44 million on the day, led by Bitwise’s XRP product with $4.97 million and Franklin’s XRPZ with $2.48 million. Total XRP ETF trading reached $12.49 million and net assets stood at $982.12 million. Solana ETFs added $794,270 in net inflows, with Fidelity’s FSOL drawing $577,030 and Vaneck’s VSOL $217,240. Solana ETF trading was $58 million and net assets were $748.48 million.
HYPE-branded ETFs recorded no trading activity on June 9 and closed the day with $163.29 million in net assets. Combined, bitcoin and ether ETFs lost $118.29 million in net flows on June 9, while inflows into XRP and Solana totaled $8.23 million.
Trading volumes and net asset figures reflect the session ending June 9.
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