Crypto ETFs faced significant withdrawals on June 24, with Bitcoin and Ether products recording combined outflows exceeding $499 million.
Bitcoin spot exchange-traded funds experienced a net outflow of $469 million on June 24, marking a notable shift in investor sentiment. The outflows were partially offset by inflows into Grayscale’s Bitcoin Mini Trust ETF, which saw $23.5642 million in net inflows, the largest single-day gain among Bitcoin ETFs.
Ethereum spot ETFs also faced pressure, recording a net outflow of $30.2382 million. Fidelity’s FETH led the declines with a $15.6897 million net outflow, the highest among Ether-based products. The outflows follow a period of mixed performance for crypto ETFs amid broader market volatility.
The data reflects investor caution as macroeconomic uncertainties and regulatory developments continue to influence digital asset flows.