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US Spot Bitcoin ETFs See $227 Million in Outflows, Extending Streak to Six Weeks

Source
Suehyeon Lee

Summary

  • US spot Bitcoin ETFs posted $227 million in net outflows last week, extending their streak of weekly withdrawals to six weeks.
  • US spot Ether ETFs also saw $10.05 million in net outflows over the same period, marking a sixth straight week of withdrawals.
  • By contrast, spot Solana (SOL) ETFs, XRP ETFs, and Hyperliquid (HYPE) ETFs recorded net inflows of $7.11 million, $10.66 million, and $27.95 million, respectively.

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Photo: SoSoValue
Photo: SoSoValue

US spot Bitcoin exchange-traded funds posted net outflows for a sixth straight week.

Wu Blockchain reported on June 22 that US spot Bitcoin ETFs recorded total net outflows of $227 million in the week of June 14-18. That marked a sixth consecutive week of withdrawals.

US spot Ether ETFs also logged net outflows over the same period, with $10.05 million leaving the funds for a sixth straight week.

By contrast, some altcoin ETFs continued to attract inflows. Spot Solana (SOL) ETFs took in $7.11 million, while XRP ETFs drew $10.66 million. Hyperliquid (HYPE) ETFs posted the largest net inflow among major crypto ETFs at $27.95 million.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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