U.S. Spot Bitcoin, Ethereum ETFs See $113.8M and $82.4M Net Outflows on June 23
June 24 — Data from Farside Investors show U.S. spot Bitcoin ETFs posted net outflows of $113.8 million on June 23. BlackRock's IBIT led the redemptions with $182 million in net outflows. Offsetting some of the declines, Fidelity's FBTC took in $23 million, ARK's ARKB added $31 million, Grayscale's HODL gained $5.3 million, and Bitwise's MSBT attracted $8.9 million.
U.S. spot Ethereum ETFs recorded net outflows of $82.4 million. BlackRock's ETHA saw $86.1 million leave the fund, while ETHB recorded $1.7 million in net outflows. Fidelity's FETH reported $15.7 million of net inflows, and Grayscale's ETH logged $10.3 million in net outflows. Other products were broadly flat.