Key Takeaways
- Bitcoin ETFs lost $19M on June 11, extending a 5-day outflow streak despite IBIT inflows.
- Ether ETFs shed $15.9M as FETH outflows outweighed ETHAโs $8.6M gain.
- HYPE stayed positive with $622K inflows, while solana ETFs lost $4.4M.
Bitcoin and Ether ETFs Stay Negative While HYPE Funds Extend Inflow Streak
The red ink remained, but the pressure was no longer one-sided.
Bitcoin ETFs ended the day with $19.03 million in net outflows, extending their new losing streak to five trading days. The headline was negative, yet the underlying flows showed signs of life across several issuers.
Blackrockโs IBIT brought in $30.26 million, marking its first inflow of the week. Grayscaleโs Bitcoin Mini Trust added $5.62 million, Hashdexโs DEFI attracted $3.60 million, and Morgan Stanleyโs MSBT drew $2.19 million.
Those inflows were not enough to offset the exits elsewhere. Ark & 21Sharesโ ARKB led the outflows with a $27.21 million departure. Vaneckโs HODL lost $14.84 million, while Bitwiseโs BITB saw $13.12 million leave the fund. Fidelityโs FBTC added a further $5.54 million outflow.
Total bitcoin ETF value traded reached $2.09 billion, while total net assets closed at $79.50 billion.
Ether ETFs also remained in the red, posting $15.89 million in net outflows. It was the categoryโs third straight day of withdrawals.
Fidelityโs FETH was the main exit route, losing $20.53 million. Grayscaleโs Ether Mini Trust also saw $3.99 million leave the fund. Blackrockโs ETHA provided the dayโs offset, adding $8.63 million, but it could not pull the category back into positive territory.
Total ether ETF value traded stood at $639.37 million, with net assets closing at $9.24 billion.
HYPE ETFs continued to attract capital, though flows were modest. The category added $622,020, entirely through Grayscaleโs HYPG. Total value traded came in at $28.56 million, while net assets closed at $167.51 million.
Solana ETFs moved the other way. The category recorded $4.38 million in net outflows, led by Bitwiseโs BSOL, which lost $3.63 million. Grayscaleโs GSOL added another $752,450 in exits. Total Solana ETF traded value was $38.94 million, and net assets closed at $762.80 million.
XRP ETFs had a quiet session, with no trading activity recorded. Net assets closed at $984.77 million.
Thursdayโs flows showed a market still under pressure, but less severely than earlier in the week. Bitcoin and ether remained negative, yet fresh inflows into IBIT, ETHA, and HYPE products suggested investors are still willing to add exposure where they see value.
