Bitcoin
Bitcoin (BTC)
$64,054.00 -0.91643
Bitcoin price
Ethereum
Ethereum (ETH)
$3,403.64 -1.25091
Ethereum price
BNB
BNB (BNB)
$572.56 -0.23549
BNB price
Solana
Solana (SOL)
$162.42 2.16492
Solana price
XRP
XRP (XRP)
$0.5498490 -5.364
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.70479
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Pepe
Pepe (PEPE)
$0.0000114 -4.50975
Pepe price
Bonk
Bonk (BONK)
$0.0000275 1.1787
Bonk price
Bitcoin
Bitcoin (BTC)
$64,054.00 -0.91643
Bitcoin price
Ethereum
Ethereum (ETH)
$3,403.64 -1.25091
Ethereum price
BNB
BNB (BNB)
$572.56 -0.23549
BNB price
Solana
Solana (SOL)
$162.42 2.16492
Solana price
XRP
XRP (XRP)
$0.5498490 -5.364
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.70479
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 -4.50975
Pepe price
Bonk
Bonk (BONK)
$0.0000275 1.1787
Bonk price
Bitcoin
Bitcoin (BTC)
$64,054.00 -0.91643
Bitcoin price
Ethereum
Ethereum (ETH)
$3,403.64 -1.25091
Ethereum price
BNB
BNB (BNB)
$572.56 -0.23549
BNB price
Solana
Solana (SOL)
$162.42 2.16492
Solana price
XRP
XRP (XRP)
$0.5498490 -5.364
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.70479
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 -4.50975
Pepe price
Bonk
Bonk (BONK)
$0.0000275 1.1787
Bonk price
Bitcoin
Bitcoin (BTC)
$64,054.00 -0.91643
Bitcoin price
Ethereum
Ethereum (ETH)
$3,403.64 -1.25091
Ethereum price
BNB
BNB (BNB)
$572.56 -0.23549
BNB price
Solana
Solana (SOL)
$162.42 2.16492
Solana price
XRP
XRP (XRP)
$0.5498490 -5.364
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.70479
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 -4.50975
Pepe price
Bonk
Bonk (BONK)
$0.0000275 1.1787
Bonk price

Bitcoin ETF outflows continue, total amount falls below $15b

bitcoin-etf-outflows-continue-total-amount-falls-below-15b
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Bitcoin ETF outflows continue, total amount falls below $15b

Spot Bitcoin (BTC) exchange-traded fund (ETF) outflows continued as the week started. Consequently, the total net inflows of the investment products in the U.S. dropped below the $15 billion mark.

According to data provided by Farside Investors, spot Bitcoin ETFs recorded a net outflow of $145.9 million on Jun. 17. Most of the outflows came from the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB), worth $92 million and $50 million, respectively.

Moreover, the VanEck Bitcoin Trust (HODL) and Grayscale Bitcoin Trust (GBTC) also had smaller shares of $3.8 million and $3 million in outflows, respectively.

Despite the bearish market sentiment and continuous outflows, the Bitwise Bitcoin ETF (BITB) still recorded $2.9 million in inflows on Jun. 17, data from Farside Investors shows. The remaining ETFs stayed neutral.

It’s important to note that the spot Bitcoin ETFs recorded $580.6 million in net outflows last week alone. The massive outflows came after four weeks of consecutive net inflows in the investment products, amounting to a total of roughly $4 billion.

The latest series of outflows have brought the total amount of net inflows in spot BTC ETFs to $14.96 billion, according to data from Farside Investors.

The outflows come as the broader crypto market is witnessing increased FUD (fear, doubt and uncertainty) with the BTC price falling below the $66,000 mark. Per the report, the global cryptocurrency market capitalization plunged by 2.6% over the past day and is sitting at $2.485 trillion.