According to Lookonchain, June 6th saw significant net outflows from 10 major Bitcoin ETFs, totaling -2,368 BTC (approximately -$248.23 million). ARK21Shares led with 998 BTC ($104.6 million) in outflows, reducing its holdings to 45,616 BTC ($4.78 billion). In contrast, 9 Ethereum ETFs recorded net inflows of +6,589 ETH (+$16.6 million), with iShares (BlackRock) bringing in 13,480 ETH ($33.96 million) and now holding 1,506,775 ETH. These ETF flow trends indicate short-term bearish sentiment for Bitcoin and renewed institutional interest in Ethereum, which may impact trading strategies and price action in both markets. Source: Lookonchain Twitter, June 6, 2025.