Bitcoin
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$69,735.00 5.05946
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Ethereum
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$3,620.13 4.56608
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BNB
BNB (BNB)
$629.82 4.47374
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$158.80 7.50214
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$0.4967470 3.70123
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$0.0000229 6.55612
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$0.0000136 13.21357
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$0.0000302 10.942
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Bitcoin
Bitcoin (BTC)
$69,735.00 5.05946
Bitcoin price
Ethereum
Ethereum (ETH)
$3,620.13 4.56608
Ethereum price
BNB
BNB (BNB)
$629.82 4.47374
BNB price
Solana
Solana (SOL)
$158.80 7.50214
Solana price
XRP
XRP (XRP)
$0.4967470 3.70123
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000229 6.55612
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000136 13.21357
Pepe price
Bonk
Bonk (BONK)
$0.0000302 10.942
Bonk price
Bitcoin
Bitcoin (BTC)
$69,735.00 5.05946
Bitcoin price
Ethereum
Ethereum (ETH)
$3,620.13 4.56608
Ethereum price
BNB
BNB (BNB)
$629.82 4.47374
BNB price
Solana
Solana (SOL)
$158.80 7.50214
Solana price
XRP
XRP (XRP)
$0.4967470 3.70123
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000229 6.55612
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000136 13.21357
Pepe price
Bonk
Bonk (BONK)
$0.0000302 10.942
Bonk price
Bitcoin
Bitcoin (BTC)
$69,735.00 5.05946
Bitcoin price
Ethereum
Ethereum (ETH)
$3,620.13 4.56608
Ethereum price
BNB
BNB (BNB)
$629.82 4.47374
BNB price
Solana
Solana (SOL)
$158.80 7.50214
Solana price
XRP
XRP (XRP)
$0.4967470 3.70123
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000229 6.55612
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000136 13.21357
Pepe price
Bonk
Bonk (BONK)
$0.0000302 10.942
Bonk price
SirWin
SirWin
SirWin

Spot BTC ETFs record first day of outflows in 4 weeks

spot-btc-etfs-record-first-day-of-outflows-in-4-weeks
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.