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Bitcoin
Bitcoin (BTC)
$91,162.00 4.44511
Bitcoin price
Ethereum
Ethereum (ETH)
$1,697.32 7.69577
Ethereum price
BNB
BNB (BNB)
$607.83 1.95368
BNB price
Solana
Solana (SOL)
$144.49 5.61159
Solana price
XRP
XRP (XRP)
$2.16 3.63454
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.58707
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.90166
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.09175
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474269 8.54514
dogwifhat price
Popcat
Popcat (POPCAT)
$0.32042 24.70677
Popcat price
Bitcoin
Bitcoin (BTC)
$91,162.00 4.44511
Bitcoin price
Ethereum
Ethereum (ETH)
$1,697.32 7.69577
Ethereum price
BNB
BNB (BNB)
$607.83 1.95368
BNB price
Solana
Solana (SOL)
$144.49 5.61159
Solana price
XRP
XRP (XRP)
$2.16 3.63454
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.58707
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.90166
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.09175
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474269 8.54514
dogwifhat price
Popcat
Popcat (POPCAT)
$0.32042 24.70677
Popcat price
Bitcoin
Bitcoin (BTC)
$91,162.00 4.44511
Bitcoin price
Ethereum
Ethereum (ETH)
$1,697.32 7.69577
Ethereum price
BNB
BNB (BNB)
$607.83 1.95368
BNB price
Solana
Solana (SOL)
$144.49 5.61159
Solana price
XRP
XRP (XRP)
$2.16 3.63454
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 7.58707
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000085 8.90166
Pepe price
Bonk
Bonk (BONK)
$0.0000145 17.09175
Bonk price
dogwifhat
dogwifhat (WIF)
$0.474269 8.54514
dogwifhat price
Popcat
Popcat (POPCAT)
$0.32042 24.70677
Popcat price

Spot BTC ETFs record first day of outflows in 4 weeks

Dorian Batycka
Edited by
News
Spot BTC ETFs record first day of outflows in 4 weeks

The constant inflows of the spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have come to an end after four weeks.

According to data provided by Farside Investors, spot BTC ETFs in the U.S. recorded $64.9 million in net outflows on June 10 — ending their four-week winning streak. The majority of the outflows belong to Grayscale Bitcoin Trust (GBTC) — registering $39.5 million in outflows.

The Invesco Galaxy Bitcoin ETF (BTCO), Valkyrie Bitcoin Fund (BRRR) and Fidelity Wise Origin Bitcoin Fund (FBTC) each saw $20.5 million, $15.8 million and $3 million in outflows, respectively. 

On the other hand, only Bitwise Bitcoin ETF (BITB) and iShares Bitcoin Trust (IBIT) recorded inflows of $7.6 million and $6.3 million, respectively. 

It’s important to note that the total net inflows of spot BTC ETFs in the U.S. have surpassed the $15.6 billion mark, thanks to the four weeks of constant inflows — recorded over $4 billion in net inflows between May 13 and June 7.

The bearish sentiment comes as investors take a cautious approach ahead of the U.S. CPI data release, scheduled for June 12. Last month, the CPI came at 3.4%, as expected, which eventually brought market-wide bullish sentiment.

Consequently, the global crypto market capitalization declined by 2.8% in the past 24 hours and is hovering at $2.59 trillion, according to data from CoinGecko.

Bitcoin plunged to $67,600 and Ethereum (ETH) is closing down to the $3,500 mark. At this point, 94 of the leading 100 cryptocurrencies are wandering in the red zone.