Ethereum Tops June 4 Spot Crypto ETF Inflows as Total Adds Reach $38M

U.S. spot crypto ETFs logged an estimated $38.05 million in net inflows on June 4, with Ethereum accounting for the largest share of new allocations. Crypto analyst Crypto Patel posted the latest flow figures on X, showing total net inflows of about $38.05 million for the session. Among the tracked assets, spot Ethereum ETFs added 10,870 ETH, valued at roughly $19.30 million—more than half of the day's total. HYPE ranked second, with ETFs accumulating about 182,760 HYPE worth approximately $12.15 million. XRP also saw inflows as funds added around 3.26 million XRP, valued near $3.83 million. Bitcoin ETF flows were positive overall, with a net increase of 49 BTC, or about $3.05 million, though positioning varied sharply by issuer. Patel's update showed BlackRock added roughly 748 BTC (about $47.66 million) and also bought 10,870 ETH (about $19.30 million). Offsetting that activity, Fidelity sold 87 BTC (around $5.54 million), Bitwise cut 244 BTC (about $15.57 million), ARK 21Shares sold 325 BTC (around $20.72 million), and Invesco reduced exposure by 198 BTC. Morgan Stanley was a net buyer, purchasing 155 BTC valued at about $9.87 million. Solana was the only asset to post net outflows among those tracked, with funds reducing holdings by roughly 4,020 SOL, valued at about $278,500. Several assets recorded no movement, including BNB, LINK, LTC, DOGE, DOT, HBAR, and AVAX. Overall, the data pointed to highly concentrated institutional demand, with Ethereum, HYPE, XRP, and Bitcoin capturing nearly all reported ETF activity.