Summary
- US spot-Bitcoin ETFs recorded net outflows of $316 million last week, extending their streak of weekly withdrawals to five weeks.
- Spot-Ether ETFs also posted net outflows of $14.91 million over the same period, marking a fifth straight week of withdrawals.
- Spot-Solana, XRP and Hyperliquid ETFs showed mixed flows, with net outflows of $2.58 million and net inflows of $10.68 million and $5.87 million, respectively.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted net outflows for a fifth straight week.
Data from SoSoValue cited by Wu Blockchain showed US spot-Bitcoin ETFs recorded $316 million of net outflows in the week from June 8 to June 12.
The five-week streak comes amid macroeconomic uncertainty and weaker appetite for risk assets, which appear to have weighed on institutional flows.
US spot-Ether ETFs also posted net outflows of $14.91 million over the same period, extending their own outflow streak to five weeks.
Altcoin ETFs showed mixed flows. Spot-Solana ETFs recorded net outflows of $2.58 million, while spot-XRP ETFs posted net inflows of $10.68 million.
Spot-Hyperliquid ETFs also saw net inflows of $5.87 million, drawing investor interest.
