Bitcoin and Ethereum ETFs extend outflow streaks to 12 and 16 days respectively amid sustained investor withdrawals.
U.S. spot Bitcoin ETFs recorded a net outflow of $519 million on June 2, marking 12 consecutive days of withdrawals. The streak reflects persistent selling pressure in the cryptocurrency market amid broader macroeconomic uncertainty.
Spot Ethereum ETFs saw a net outflow of $90.15 million, extending their outflow run to 16 days. The combined $609 million outflow highlights ongoing investor caution toward digital asset funds despite recent market volatility.
No immediate market reaction data was provided, but the outflows suggest continued risk aversion among institutional and retail investors.