List of Flash News about crypto fund flows
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2025-06-09 14:48 |
Bitcoin ETF Outflows Hit $113.77M While Ethereum ETFs See $17.3M Inflows: June 6 Crypto Fund Update
According to Lookonchain, on June 6, the net outflow from 10 Bitcoin ETFs totaled 1,055 BTC, equivalent to $113.77 million, highlighting notable short-term bearish sentiment in the BTC ETF market. The iShares (Blackrock) Bitcoin ETF alone reported a significant outflow of 1,250 BTC ($134.77 million), reducing its holdings to 661,458 BTC ($71.34 billion). In contrast, 9 Ethereum ETFs experienced net inflows of 6,819 ETH ($17.3 million), with the iShares Ethereum ETF receiving 6,356 ETH ($16.13 million) in new funds. These ETF flows indicate a potential investor rotation from Bitcoin to Ethereum, which could influence near-term crypto price action and trading strategies. Source: Lookonchain via Twitter, June 9, 2025. |