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$117,671.00 1.56837
Bitcoin price
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$2,959.36 -0.04648
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BNB
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$689.12 0.47289
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$162.26 -1.28115
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Bitcoin
Bitcoin (BTC)
$117,671.00 1.56837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,959.36 -0.04648
Ethereum price
BNB
BNB (BNB)
$689.12 0.47289
BNB price
Solana
Solana (SOL)
$162.26 -1.28115
Solana price
XRP
XRP (XRP)
$2.73 7.64138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -0.43221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 -0.60048
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.48762
Bonk price
dogwifhat
dogwifhat (WIF)
$0.961262 -9.16394
dogwifhat price
Popcat
Popcat (POPCAT)
$0.361055 -3.29385
Popcat price
Bitcoin
Bitcoin (BTC)
$117,671.00 1.56837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,959.36 -0.04648
Ethereum price
BNB
BNB (BNB)
$689.12 0.47289
BNB price
Solana
Solana (SOL)
$162.26 -1.28115
Solana price
XRP
XRP (XRP)
$2.73 7.64138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -0.43221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 -0.60048
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.48762
Bonk price
dogwifhat
dogwifhat (WIF)
$0.961262 -9.16394
dogwifhat price
Popcat
Popcat (POPCAT)
$0.361055 -3.29385
Popcat price
Bitcoin
Bitcoin (BTC)
$117,671.00 1.56837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,959.36 -0.04648
Ethereum price
BNB
BNB (BNB)
$689.12 0.47289
BNB price
Solana
Solana (SOL)
$162.26 -1.28115
Solana price
XRP
XRP (XRP)
$2.73 7.64138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -0.43221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 -0.60048
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.48762
Bonk price
dogwifhat
dogwifhat (WIF)
$0.961262 -9.16394
dogwifhat price
Popcat
Popcat (POPCAT)
$0.361055 -3.29385
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.