U.S. Spot Bitcoin ETFs Log $91.37M Net Outflow; Spot Ethereum ETFs Take In $82.37M on June 8
Fresh data from SoSoValue points to a notable divergence in U.S. crypto ETF flows. On June 8 (ET), U.S. spot Bitcoin ETFs posted a combined net outflow of $91.37 million, signaling a pullback after a period of stronger demand. The move is consistent with short-term risk trimming and profit-taking as investors reassess exposure amid shifting market conditions.
Ethereum products moved in the opposite direction. U.S. spot Ethereum ETFs recorded a total net inflow of $82.37 million the same day, suggesting renewed appetite for ETH-linked exposure. Investors may be rotating capital to Ethereum on expectations tied to its wider utility, including smart contracts and decentralized finance.
The split in flows hints at a near-term tilt in institutional sentiment rather than a definitive call on longer-term leadership. As crypto ETF lineups expand, daily creations and redemptions remain a key read-through on where large allocators are positioning and how quickly preferences can change.