U.S. Spot Bitcoin ETFs See Second-Largest Weekly Net Outflow Since Launch, SoSoValue Says

U.S. spot Bitcoin ETFs recorded $1.72 billion of net outflows over the June 1–5 trading week (ET), marking the second-largest weekly redemption since the products debuted, according to SoSoValue data. U.S. spot Ether ETFs also posted net outflows of $173 million, extending their streak of weekly redemptions to four weeks.