BlackRock’s spot Bitcoin (BTC) and Ethereum (ETH) exchange‑traded funds posted a combined net outflow of roughly $333.6 million during the last seven days, signaling heightened caution among crypto investors.
Weekly ETF Flow Summary
Data from the iShares Bitcoin Trust (IBIT) revealed that close to $355 million exited the fund over a five‑day span. The steepest daily withdrawals occurred on June 8, when investors pulled $232.9 million, followed by a $148.5 million outflow on June 10 and an additional $61.6 million on June 9.
During the same period, BlackRock’s Ethereum ETFs attracted modest inflows, which partially mitigated the pressure from Bitcoin redemptions. These inflows helped narrow the overall net outflow but were insufficient to reverse the dominant selling trend.
Investor Behavior and Market Outlook
Late‑week activity showed a brief reversal, with IBIT receiving $30.3 million on June 11 and $57.7 million on June 12. The June 12 inflow contributed to a market‑wide surge in spot Bitcoin ETF purchases, totaling $85.9